[Congressional Record Volume 153, Number 186 (Thursday, December 6, 2007)]
[House]
[Page H14449]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
AMT DISASTER
(Mr. PRICE of Georgia asked and was given permission to address the
House for 1 minute and to revise and extend his remarks.)
Mr. PRICE of Georgia. Mr. Speaker, have you seen the news? Democrat
inaction on the alternative minimum tax is leading to a delay of tax
refunds for millions of hardworking Americans. The carelessness of this
new majority is poised again to strike the American people, this time
in their wallet.
This AMT problem's been known for months. Yet we still have no action
in this Congress.
The average tax refund last year was more than $2,000, $2,000, Mr.
Speaker. That's a mortgage payment. That's college tuition. That's a
holiday credit card bill.
While the new majority has made clear that, in good faith, they
support policies to raise taxes, this expensive predicament with the
AMT is simply the result of congressional negligence. Now, the American
people expect more than this from Congress. They want less partisanship
and more leadership.
Mr. Speaker, let's act now to ensure the American people are not
forced to pick up the tab for the carelessness of this majority. Let's
put politics aside and put hardworking taxpayers first.
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