Posted on 04/14/2005 9:47:50 PM PDT by goldstategop
As for the politics, the silver lining of the AMT is that it will drive blue-state Democrats into the tax reform debate later this year. Their own constituents will be demanding some relief. So far this year, Republicans are again proposing a temporary AMT fix that would spare some taxpayers from its clutches for another year or two. But maybe they should instead let this class-war Frankenstein continue to terrorize the liberal countryside until Democrats have no choice but to support major change when the President's Tax Reform Commission reports in July.
Who knows, this entire AMT experience might even induce liberals to reconsider the wisdom of soak-the-rich tax policy. At least we can dream. Happy April 15th.
(Excerpt) Read more at opinionjournal.com ...
(Denny Crane: "Sometimes you can only look for answers from God and failing that... and Fox News".)
I now get to FReep while being paid by the government. Am I a hypocrite?
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.