Comment

GOP Totally Committed to Obstructionism

338
lostlakehiker12/01/2010 1:30:26 pm PST

re: #330 Obdicut

You weren’t talking about capital gains when you made your first reference to inflation, and it’s dishonest to pretend you were. You were talking about the Bush tax cuts, which are not capital gains tax cuts.

If you assume 100% inflation, which is not something that we have in the US.

Sure. Not a big problem with that, since inflation doesn’t reach the insane levels you’re claiming in the US.

Which is probably why I’m making it in a low-inflation economy.

I “pretended” no such thing. My point then, and now, was that the alternative minimum tax is not indexed for inflation. Restoring its rates and trigger income levels to what they were a decade or more ago is unreasonable because of the inflation that has occurred in the meantime.

Again, I made no claim that we NOW see inflation rates of 100% per decade, and I certainly made no claim that we have ever seen inflation rates of 100% per year. You have a bad habit of putting words in my mouth, then calling me the liar.