Michael Petruccelli asks; Is the overlook for the overhaul similar on the individual income tax side?

Michael Petruccelli says: The Obama commission reform proposal illustrates the difficult choices: The current six brackets would be collapsed into three....12%, 22% and 28%. The minimum tax and the phaseouts of itemized deductions and personal exemptions for high incomers would be permanently repealed, too. But the price would be steep: Itemized deductions would be nixed, other than mortgage interest and donations.