Senate GOP puts price on a blue-state tax cut

[LSK]

Senate GOP puts price on a blue-state tax cut
By Jessica Holzer
October 24, 2007

Senate Republicans are demanding the extension of President Bush’s signature tax cuts before they cooperate on hemming in another tax that they contend affects mostly “blue state” voters living along the coasts.

At issue is the Alternative Minimum Tax (AMT), which will hit an additional 20 million taxpayers next April unless Congress takes action. The problem for Democrats is that they will need Republican support to shield people from the tax, and Republicans are signaling they will have to pay a price.

snip

Kyl said Republicans would ask for the extension of cuts on marginal rates, capital gains and dividends as well as estate tax relief as a price for cooperating on the AMT patch.

http://thehill.com/leading-the-news/senate-gop-puts-price-on-a-blue-state-tax-cut-2007-10-24.html

This should be a reminder of how disgusting the Republicans are.

:grr: