Bringing LIBERTY to
Capitol Hill -- 2008
Saturday Morning, November 17, 2007, 10:30am
A Discussion of The President's Saturday Morning Radio
to listen to a replay of the November 17, 2007 Ozarks Virtual
Notes and Summary of the President's Address --
Alternative Minimum Tax (AMT) - (Thanksgiving)
THE PRESIDENT: Good morning. In a few days, our Nation will celebrate
Thanksgiving. Like millions of Americans, members of Congress will travel
home for the holiday. Unfortunately, as they get to work carving their
turkeys, they're leaving a lot of unfinished work back in Washington, D.C.
And unless they complete this work soon, middle-class Americans will pay
higher taxes and American troops will not receive the critical funding
they need to fight and defeat our enemies.
How the President Differs from the American vision of "Liberty
- Bush does not mention God in the context of
- He does not mention our duty
to thank God for the "blessings of liberty."
- President Bush and the Democrats are completely out of touch with
the original vision of America
- America's Founding Fathers took up arms over British taxes that
did not exceed 3-5%
- Americans today are victims of taxes ten times greater than
those that fomented the American Revolution.
- Today's Income Tax began in 1913 as a tax only on the
- The Government promises to be our Savior, and Taxes are our
offerings to a false god.
- America is, on the one hand, a nation "under
- America is, on the other hand, a nation that ignores God and
- Idolatry is when we fail to trust God (our national motto is
"In God We Trust")
and trust the Government to bring us "salvation."
- Americans must think about these issues, not just in terms of the
Constitution, but in terms of the values enshrined in the Declaration
of Independence -- the philosophy of "Liberty
| THE PRESIDENT:
Good morning. In a few days, our Nation will celebrate Thanksgiving.
Like millions of Americans, members of Congress will travel home for
the holiday. Unfortunately, as they get to work carving their
turkeys, they're leaving a lot of unfinished work back in
Washington, D.C. And unless they complete this work soon,
middle-class Americans will pay higher taxes and American troops
will not receive the critical funding they need to fight and defeat
||Although the White House website
entitles the subject of this address "Thanksgiving 2007,"
neither this radio address nor The
White House Thanksgiving Page mentions the God to Whom we are to
be thankful. Perhaps the subject will be dealt with in more
appropriate depth next week.
taxpayers will face higher tax bills unless Congress acts on the
Alternative Minimum Tax, or AMT. The AMT was designed to ensure that
the wealthy paid their fair share of taxes. But when Congress passed
the AMT decades ago, it was not indexed for inflation. As a result,
the AMT's higher tax burden is creeping up on more and more
||Ron Paul notes: "The
Alternative Minimum Tax (AMT) began in the late 1960's because 155
wealthy taxpayers had become savvy enough with loopholes that they
managed to avoid income taxes altogether. Very few Americans avoided
taxes completely this way, nonetheless, policy was enacted that now
threatens 25 million Americans."
|To deal with this
problem, Congress has in recent years passed temporary legislation
that prevented most middle-class taxpayers from having to pay the
AMT. But this year, Congress has yet to pass this legislation. A
failure to do so would mean that 25 million Americans would be
subject to the AMT -- more than six times the number that faced the
tax last year. If you are one of those 25 million, you would have to
send an average of $2,000 more to the IRS next year. This is a huge
tax increase that Americans do not expect and do not deserve.
|The longer Congress
waits to fix this problem, the worse it will get. Last month,
Treasury Secretary Paulson wrote a letter to members of Congress
warning that delaying action on legislation to fix the AMT could
create confusion for millions of taxpayers and delay the delivery of
about $75 billion worth of tax refund checks. Congress has ignored
Secretary Paulson's warnings -- and we are now beginning to see the
consequences. On Friday, the tax forms for 2007 had to be sent to
the government printer. And because of Congress's refusal to act,
the IRS will be forced to send out tens of millions of tax forms
that will almost certainly end up being wrong -- wasting your money,
delaying refunds, and making it even more complicated to figure out
|It is clear that
Congress's failure to adjust the AMT for inflation was a mistake.
Unfortunately, Congress seems determined to compound this original
mistake by making another one. Last week, the House passed a bill
that provides relief from the AMT -- but
raises other taxes. Congress should not use legislation that
millions of Americans are counting on to protect them from higher
taxes in one area as an excuse to raise taxes in other areas. I will
veto any bill that raises taxes as a condition of fixing the AMT.
Members of Congress must put political theater behind them, fix the
AMT, and protect America's middle class from an unfair tax hike.
|Congress is also
failing to meet its responsibilities to our troops. For months,
Congress has delayed action on supplemental war funding because some
in Congress want to make a
political statement about the war. On Wednesday, the
House passed a bill that once again has Congress directing our
military commanders on how to conduct the war in Iraq as a condition
for funding our troops. We do not need members of Congress telling
our commanders what to do. We
need Congress listening to our military commanders and giving them
what they need to win the war against extremists
and radicals. Congress knows I'll
veto this bill. During this time of war, our troops deserve the full
support of Congress -- and that means giving our troops the funding
they need to successfully carry out their mission. I urge Congress
to work quickly and send me a clean bill so we can fulfill our
obligation to our brave men and women in uniform.
||Why is opposition to the war a
Is it because Democrats really have no fundamental,
Constitutional objection to the war? Is it because Democrats would
enthusiastically support the war it the President were a Democrat?
Does Congress have a right to exercise independent judgment about
a war, or is its job simply rubber-stamping whatever the Pentagon
|With both of these
delays, congressional leaders are choosing political posturing over
the priorities of the
people. These choices have real-world consequences for
our taxpayers and our troops. When members of Congress return from
their two-week-long Thanksgiving vacation, they will have only a few
weeks left on the legislative calendar before they go home again for
their Christmas break. I call on Congress to use the time that is
left to do what is right -- and pass AMT relief and fund our troops
|Thank you for
The Democrat Party Radio Address:
Senator Bob Casey Delivers Democratic Radio Address. The subject is again
the War in Iraq.
Libertarian Response to Democrats:
- Democrats have consistently voted to support Bush's War.
- The have no distinctively Constitutional policy to offer America.
- Kevin Craig's Platform
- Blog Posts
for a replay of this edition of the Ozarks Virtual