Kevin Brady: “I think many of us believe it is right to eliminate the alternative minimum tax. It is a mistake. It is a second tax. It…”

“I think many of us believe it is right to eliminate the alternative minimum tax. It is a mistake. It is a second tax. It is a wrong tax, and should be stopped today. Many of us believe that should not be an excuse for raising taxes on others. In fact, the best solution is if you look at the next 10 years of spending in America, our government will spend nearly $50 trillion over the next 10 years. And I think many of us believe that rather than finding excuses to add tax burden to American families and small businesses, we ought to sit down together, both parties, and see if we can identify less than a trillion dollars of that.”