How Bush Helped Create the AMT Problem

Bill Scher

President Bush is continuing to attack Congress for not yet passing legislation to prevent the Alternative Minimum Tax from making millions of Americans unfairly pay a greater than necessary share in taxes. He raised the issue three times in the last four days.

What Bush regularly leaves out is his own role in exacerbating the problem, using the AMT to hide the real cost of his reckless tax cuts, and expanding those affected in 2007 from 10 million taxpayers to more than 20 million.

On Friday, the Center for Budget and Policy Priorities reminded folks of recent history: (emphasis original)

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