Saturday, March 24, 2007

OSI Speaks Analyzes AMT Responses

I believe their decoder ring is broken.

This is continuing our series on the answers to questions posed to the gubernatorial candidates by the Herald-Leader. This week's question asks whether it's fair to impose the Alternative Minimum Tax (AMT), which forces many businesses to pay an "income" tax, even if they are not able to generate a profit. Here's what the candidates are REALLY saying:


Anne Northup: "No, it's not fair. The first, most important thing we need to do is repeal the AM[T] ... ." ANNE WILL REPEAL (ELIMINATE) THE AMT.

Ernie Fletcher: "In 2006, we reduced the AMT by $45 million. We are always looking for ways to lower taxes further." ERNIE IS IN FAVOR OF REDUCING THE AMT.

Billy Harper: "I will work hard ... as a top priority to repeal the Alternative Minimum Tax in Kentucky." BILLY WILL ELIMINATE THE AMT.

There you have it, in their own words, deciphered!

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