Instead of phasing out the Alternative Minimum Tax they really should have increased the minimum threshold somewhat.  This is a gift to the wealthy.  Getting rid of the inheritance tax is a gift to the rich as well.  One other thing:

"Eliminates personal exemptions: Today you're allowed to claim a $4,050 personal exemption for yourself, your spouse and each of your dependents. The House bill eliminates that option. 
For families with three or more kids, that could mute if not negate any tax relief they might enjoy as a result of other provisions in the bill."

I may end up paying more.  Boondoggle.

http://money.cnn.com/2017/11/02/news/economy/house-tax-reform-bill-individuals/index.html

To top that off it increases the deficit so look for huge cuts to services and other fees and taxes being added back in.  (i.e. gas tax for infrastructure - which is OK with me), and fees being implemented to pay for this - such as the increased entry fees for National Parks (not used for parks).