John McCain Will Repeal Alternative Minimum Tax
July 26th, 2007
From the Associated Press”
The Arizona senator, in remarks prepared for delivery Monday evening to the Economic Club of Southwest Michigan, promised to eliminate the alternative minimum tax, which he said would affect as many as 30 million people by 2010. The tax was originally intended to make sure the wealthy do not exploit tax loopholes.
“I am committed to repealing this tax before millions of American families are forced to devote even more of their hard work to paying for the spending largesse in Washington,” McCain said in excerpts from his speech released by his campaign.
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