Political Quotes

Rob Portman: I actually have had legislation in to repeal the AMT for many years. So I go even further than the gentleman goes in…

On the recordJuly 21, 2004
I actually have had legislation in to repeal the AMT for many years. So I go even further than the gentleman goes in terms of AMT relief. So the gentleman is not the only one who is interested in it; but he has brought focus to it and we appreciate that, as has the gentleman from New York (Mr. Houghton). I would also say, though, that this Congress has made some progress. It is a tough issue. Because we did not index it, therefore AMT goes to more and more taxpayers every year. By not indexing the threshold, more and more middle-income taxpayers, particularly those with children, get caught in it.
Said by
Rob Portman
Republican · Ohio

Editor's note · Context

Discussing the need for AMT repeal and tax simplification during a House floor debate.

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