[Congressional Record Volume 140, Number 62 (Wednesday, May 18, 1994)]
[House]
[Page H]
From the Congressional Record Online through the Government Printing Office [www.gpo.gov]


[Congressional Record: May 18, 1994]
From the Congressional Record Online via GPO Access [wais.access.gpo.gov]

 
         HIGHER INTEREST RATES, AND TAX PAYMENTS BY CREDIT CARD

  (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, once again the Fed has raised interest 
rates, this time one-half percentage point. They say, ``Try it, Mikey, 
you will like it. It is good for you, Mikey. Pay more.''
  They said, ``Even though we are raising these rates, in the long run, 
it is going to be cheaper for you, Mikey.'' Beam me up, Ivan Boesky.
  I find it also very coincidental, at the same time the Fed is going 
to raise taxpayers' interest rates, Uncle Sam is going to allow them to 
pay their taxes and back taxes with their plastic weapon, a credit 
card. No more hassles, just use that Visa, American Express, Discover, 
MasterCard, and just pay all those back taxes.
  Mr. Speaker, here is exactly how I feel, because I do not buy it. 
Anyone who is willing to give their Visa card number to the Internal 
Revenue Service is either smoking dope or should be counseled by Dr. 
Kevorkian. Beam me up. The IRS is already in our bedroom. Now do we 
want them in our checking accounts?
  I yield back the balance of my credit card account, Mr. Speaker.

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