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Thompson's Supply Side Response To AMT Question

09 Oct 2007 04:40 pm

He doesn't buy the premise that if the AMT tax is cut, the government will lose revenue. "Generally speaking, lower taxes and lower tax rates improve the economy. I would apply that same principle to the AMT."

He proposes to index it to inflation for a year as a temporary fix.

Comments (1)

So he won't cut the AMT? Why doesn't he want to improve the economy?


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