Post Misses the Point Again about Alternative Minimum Tax
The Washington Post has once again taken only one side of the Alternative Minimum Tax debate: the side of those who promote class warfare for political gain.
The June 8 story by Lori Montgomery refers to House Democrats as “looking to spare millions of middle class families from the expensive bite of the alternative minimum tax…”
This is the second time,
The repeal was passed in the House and the Senate, largely along party lines. However, it was eventually vetoed by Democratic President Bill Clinton in 1999. Of the congressmen cited in the June 8 story, only Reps. Richard E. Neal (D.-Mass.) and Charles B. Rangel (D-N.Y.) were in the House at the time and they both voted against the repeal.
Reforming the AMT was a major issue in the news in April. But, the media tended to blame the Bush tax cuts, without taking a closer look at the politicians who neglected to index the tax to inflation.
