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Showing posts with label amt. Show all posts
Showing posts with label amt. Show all posts

Monday, November 27, 2006

Pelosi's pigouvian opportunity

SF Chronicle on how fixing the Alternative Minimum Tax, which hits Democratic voters hard, is putting the new Democratic Congress in a tough spot:
But if Democrats impose the pay-go rule, they cannot fix the alternative minimum tax without gutting existing spending programs -- much less creating new ones -- or sharply raising other taxes.
Sounds like a perfect opportunity to swap in a gas tax, which should doubly please environmentalist Democrats.