While in college, my primary means of transportation was an olive-green Ford LTD, an oversized and austere sedan more suited to transporting a family of five than a student attempting to wangle a date or two with available coeds. While the car ran reasonably well, for some reason, its left rear tire kept going flat. That tire was patched more than a cut-prone fighter before I emptied my meager savings account and bought one of the best brands offered at the time. The new wheel outlived the car.
The Alternative Minimum Tax has a lot in common with my former tire. It's been patched up year after year, but not replaced by a more permanent and expensive solution.
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