On the recordMarch 29, 2006
You know, the question is straightforward. Why would anybody favor a tax cut, about half of which goes to people making $1 million a year over preventing a tax increase for 17 million Americans, most of whom are middle class? Why would anybody do this? Well, my friend from Michigan (Mr. Camp) says that it is broad-based, the capital gains and dividend provision, more so than AMT. But most of that broad base receives very little, while a small minority of that broad base receives very much. So the broad base is really poor rhetoric. I guess the second answer is, we will do it later, the AMT. We will do it later. I wish you would get up and tell us how you pay for that right here and now, right here and now. I will yield to you if you want to say.
Source
govinfo.gov




