Lynn A. Westmoreland: “How about the alternative minimum tax, the AMT, that was put in under the Democratic majority back in the late sixties…”

“How about the alternative minimum tax, the AMT, that was put in under the Democratic majority back in the late sixties or early seventies, that was really targeted to try to get 28 millionaires out of 250 million people that live in this country, to target 28 people, to come up with this alternative minimum tax that says, you know, if you fill out your 1040 and we don't feel like you paid enough tax, in other words, if you had too many deductions or if your tax really wasn't where we thought it needed to be, then you have to pay the alternative minimum tax. I think the lady from Tennessee may have some numbers. I don't know. I have heard the number that as high as 32 million people are going to be affected, 10 percent of our population or over 10 percent of the population is going to be affected by something that the Democrats did to get 28 people to pay taxes. It should have been a little more simple than that, shouldn't it?”