CapitalGainsandGames Washington, Wall Street and Everything in Between



Almost A Huge Hit

27 Oct 2007
Posted by Stan Collender

Stan Collender's picture

From Scrappleface:

House Republicans plan to introduce a conservative alternative to the Rangel alternative to the Alternative Minimum Tax.

The GOP measure would repeal the AMT, and make up for the $65 billion in lost tax payments by levying a 4.6 percent surcharge on Americans who download alternative rock music through iTunes.

This is almost certainly one of Scrappleface's best satires in a long time. But it misses the grandslam by inches.

 

 

The proposed tax should have been on 60s protest rock rather than alternative rock. That could have been characterized as a support for the troops as well as a tax bill.




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