H.Amdt.1475 - Amendment in the nature of a substitute sought to lay out Democratic principles for tax reforms that call for increased revenues to bring down the national debt and invest in economic growth; a progressive tax rate structure; protecting the vulnerable; repeal of the AMT; discouraging tax haven abuse; elimination of tax breaks that ship jobs and profits overseas; promotion of domestic manufacturing; and preserving incentives for education, retirement, healthcare, home ownership, and small businesses.