[Congressional Record Volume 140, Number 21 (Wednesday, March 2, 1994)]
[House]
[Page H]
From the Congressional Record Online through the Government Printing Office [www.gpo.gov]
[Congressional Record: March 2, 1994]
From the Congressional Record Online via GPO Access [wais.access.gpo.gov]
CHANGING THE TAX CODE COULD CREATE JOBS IN OUR COUNTRY
(Mr. TRAFICANT asked and was given permission to address the House
for 1 minute and to revise and extend his remarks.)
Mr. TRAFICANT. Mr. Speaker, experts say the economy is great and
getting better, but something does not add up. Hamilton Standard of
Connecticut is cutting 500 jobs. Dawson Products of North Carolina is
cutting 2,000 jobs. AT&T has announced they will cut 15,000 jobs over
the next 2 years.
Now to complicate this, my colleagues, personal income of Americans
dropped three-tenths of 1 percent last quarter, and personal spending
increased one-half of 1 percent last quarter.
Congress does not need to tamper with the Constitution. Congress has
got to change the tax laws that are killing small business, killing
investment and killing jobs.
My colleagues, it is the Tax Code, not the Constitution. Congress
should keep their hands out of the Constitution and change the Tax
Code. It might create some jobs in this country.
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