[Congressional Record Volume 140, Number 2 (Wednesday, January 26, 1994)]
[House]
[Page H]
From the Congressional Record Online through the Government Printing Office [www.gpo.gov]


[Congressional Record: January 26, 1994]
From the Congressional Record Online via GPO Access [wais.access.gpo.gov]

 
                      THE PRESIDENT'S TAX INCREASE

  (Mr. EWING asked and was given permission to address the House for 1 
minute and to revise his remarks.)
  Mr. EWING. Mr. Speaker, the President glossed over the biggest tax 
increase in history. I do not think we ought to let that happen without 
reminding the American people that there was a lot more in that tax 
increase than just an increase on wealthy Americans.
  There was, of course, the gas tax which will be paid by every 
American in several different ways, at the pumps and with everything 
they buy. There were new marginal rates which will take some $220 
million out of the median taxable income of every district of America. 
Some of this is even retroactive to before people died.
  Then, of course, there is the increase in the corporate tax rate 
which will affect jobs in America, and there is the increase in the 
Social Security taxes that will affect Americans with as little as 
$34,000.
  Finally, we are going to tax parking on our staff people if it is 
worth over $155 a month. Certainly that is not a perk but a safety 
measure.
  Mr. Speaker, I hope the President will become a little more candid 
with the American people when he talks about his tax policies.

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