RSC Republican Study Committee

Washington, Dec 11, 2009 - On Wednesday, the House considered H.R. 4213, the Tax Extenders Act of 2009.  While H.R. 4213 extends dozens of expiring tax provisions through the end of 2010, it fails to include the biggest extender of them all – a patch for the alternative minimum tax (AMT) for 2010.  But passing an AMT “patch” every year to prevent thousands of people from paying a tax they were never supposed to pay in the first place has become a tedious yearly theatrical exercise.  The best solution to this problem remains getting rid of the AMT altogether.  H.R. 240, the Individual AMT Repeal Act would permanently repeal America's most hated, ineffective, insidious tax.

###

Congressman Tom Price is Chairman of the Republican Study Committee (RSC).