An income tax on businesses with no income is always going to be a bad idea.
Let's kill it.
And after we do that, perhaps we should reconsider the wisdom of dropping 500,000 low-income Kentuckians from state tax rolls, which we did in the same 2005 bill that created the state AMT. Seems like subsidizing our least productive citizens might be something we would want to target more carefully than that. Our "welfare state" mentality, you must agree, is the biggest thing holding us back. Couldn't we better help those who can't help themselves if we made it a little more difficult for capable people to exist on the dole?