Quote:
Originally posted by Mmmm, Burger (C.J.)
As for the AMT, why not repeal the regular tax code, and replace it with the AMT, with some adjustment for rates. It's a hell of a lot easier (it's a PITA only because you've already calculated your taxes under the complex system, and then have to back out a bunch of numbers), and according to one WSJ I read a year ago or so, actually cheaper.
But let's put aside the economics: are you saying repeal of the AMT is a partisan issue for which Bush should be held responsible? While admittedly it was adopted to prevent the rich from paying no taxes, at this point it's as much a Democratic issue as an R issue. The folks getting drawn into its net are hardly the wealthy--it's the folks in the Blue states with high taxes and high deductions.
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Kevin Drum said it, not me, but I think his point is not pro or con, but only that Bush's rosy scenario entails ignoring what we all know. In other words, a "lie."
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“It was fortunate that so few men acted according to moral principle, because it was so easy to get principles wrong, and a determined person acting on mistaken principles could really do some damage." - Larissa MacFarquhar
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