It seems to me very hypocritical that just a few days ago our colleagues from across the aisle felt that $290,000 should establish the threshold. And if I can read again from that amendment, it said, in general, the Alternative Minimum Tax to the taxpayer shall be zero, zero, if the adjusted gross income of the taxpayer, as determined by this bill, is $290,000. Mr. Speaker, it seems hypocritical we can use numbers, play with numbers. The important thing is to get people back to work and get people to be able to invest their own hard-earned tax dollars. The economy is improving because of the policy of returning to families their hard-earned dollars. I again would urge my colleagues to vote against this amendment and support the original bill as proposed.
Katie Porter: “It seems to me very hypocritical that just a few days ago our colleagues from across the aisle felt that $290,000 should…”
Editor's note · Context
Discussing the implications of the Alternative Minimum Tax during a debate on tax policy.
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