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Politics : American Presidential Politics and foreign affairs -- Ignore unavailable to you. Want to Upgrade?


To: Peter Dierks who wrote (24415)12/25/2007 2:40:51 AM
From: Peter Dierks  Respond to of 71588
 
The Night Before Recess
But the Grinch AMT, it just won't disappear.

Saturday, December 22, 2007 12:01 a.m. EST

'Twas the night before Christmas, or just about so,
All Congressmen and Senators straight home wished to go.

Then what to our wondering eyes did appear,
But a tax called "alternative," which the middle class fears.

The Dems had neglected to vote it away.
And unless they moved fast, more constituents would pay.

The Grinch that was coming was a "minimum" tax,
But those forced to pay would be taxed to the max.

So Reid and Pelosi, they finally surrendered,
And decided to patch it, lest voters be angered.

But the Grinch AMT, it just won't disappear.
Unless Congress kills it, it will resurface next year.

The Grinch AMT isn't indexed for inflation.
And so over time, it will spread round the nation.

The moral of the story should be perfectly clear,
But it's one that most Democrats prefer not to hear:

A tax on the rich never takes enough dough.
If you want to raise revenue, to the middle class you must go.

The Grinch was sent packing this year, it is true.
But he'll be back again soon, and he'll want you-know-who.

opinionjournal.com