Pres demands fix for amt...sorta

"During the House debate on the bill, House Majority Leader Steny Hoyer, D-Md., said that "while virtually all of us want to mitigate the reach of the AMT, Republicans are complaining that Democrats have the audacity to close tax loopholes and to insist on fiscal responsibility."

Republicans claim that closing loopholes constitutes a tax increase, he said. "I reject their premise. All we are doing is insisting that people pay their fair share."

The Senate, meanwhile, is working on separate legislation.

Bush said Congress' inaction is actually costing taxpayers in other ways.

Because tax forms for 2007 had to be sent to the government printer, the Internal Revenue Service is being forced to send out tens of millions of tax forms that Bush said will almost certainly end up being wrong "? "wasting your money, delaying refunds and making it even more complicated to figure out your taxes."

Our leaders are so wise. The delayed refunds are what are worring me.

[NotSoSilentBob]

Fair share