[Congressional Record (Bound Edition), Volume 154 (2008), Part 10]
[Extensions of Remarks]
[Pages 14348-14349]
[From the U.S. Government Publishing Office, www.gpo.gov]




                        ALTERNATIVE MINIMUM TAX

                                 ______
                                 

                            HON. TIM MAHONEY

                               of florida

                    in the house of representatives

                         Tuesday, July 8, 2008

  Mr. MAHONEY of Florida. Madam Speaker, as I stated for the Record on 
June 26, 2008, I missed votes on June 25, 2008, due to the funeral of 
my friend, Mason Smoak.
  One of the votes I missed was a vote on the Alternative Minimum Tax 
(AMT). I applaud our leadership for its work to ensure that the AMT 
does not hit middle- and working-class families in a way that would not 
increase our national debt. I have voted against the AMT in the past--
and, had I been able to vote on June 25, 2008, I would have voted 
``no''--because

[[Page 14349]]

changing the taxation on carried interest sends the wrong message that 
Congress values money more than ingenuity, with the unintended 
consequences potentially being a constriction of private capital to 
America's small businesses. It is my hope that Congress will continue 
to address this vital issue responsibly and in a bipartisan manner.

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