I do hope, as I am voting for the bill, that we might have a chance for those who are here and those who are listening to recognize that 23 million taxpayers are being held hostage by the alternative minimum tax. We have had ample opportunity to correct that, but coming from a Congress that most of us are against the tax increases, it just seems to me would be inconsistent with the past rhetoric, having the opportunity to remove this tax increase, which is certainly what it would be if we don't extend the relief from the alternative minimum tax for all of these people who never were intended to pay this tax.
Charles Rangel: “I do hope, as I am voting for the bill, that we might have a chance for those who are here and those who are listening…”
On the recordDecember 8, 2006
Source
govinfo.govEditor's note · Context
Discussing the implications of the alternative minimum tax during a debate on tax legislation.
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