David Price: “Does the gentleman yield? I spoke to the Raleigh Kiwanis Club just as tax filing deadline approached a couple of weeks…”

“Does the gentleman yield? I spoke to the Raleigh Kiwanis Club just as tax filing deadline approached a couple of weeks ago and said something about the alternative minimum tax, that if the Members in this room have not figured that alternative minimum tax, you had better do it because I, for one, and sounds like the gentleman from South Carolina (Mr. Spratt) had the same experience, I found just exactly how this is biting, and there were many heads nodding in that room. This alternative minimum tax is reaching deep into the middle class. And as the gentleman says, the President's budget takes no account of the need to fix that.”