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Friday, September 21, 2007

You have to scratch your head in wonderment

Rudy Giuliani's impeccable logic:

RESTON, Va. - Republican presidential candidate Rudy Giuliani said Friday that the alternative minimum tax — which is expected to generate as much as $1 trillion over the next 10 years — could be eliminated by balancing it out with even more tax cuts

Giuliani's remarks prompted a bewildered response from his audience of technology executives. …

Giuliani told the 700-member audience of the Northern Virginia Technology Council that he wants to cap the tax, and perhaps eventually eliminate it altogether.

"Over time we can figure out how to eliminate it. ... If we were going to eliminate it, though, we'd have to balance it with additional tax cuts," Giuliani said, leaving confused expressions on his audience. "That might be by making the Bush tax cuts permanent."

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