[Congressional Record Volume 141, Number 92 (Wednesday, June 7, 1995)]
[House]
[Page H5630]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]


                              {time}  1240
               A MODIFIED FLAT TAX PROPOSAL CALLED McFLAT

  (Mr. SOUDER asked and was given permission to address the House for 1 
minute and to revise and extend his remarks.)
  Mr. SOUDER. Mr. Speaker, I favor tax cuts for the American families. 
I believe American families can do more for themselves than the 
Government.
  Mr. Speaker, the American people devote 5.4 billion hours and $232 
billion every year to comply with the United States Tax Code. 
Furthermore, billions of dollars are then spent by the IRS to 
administer and enforce these tax laws. To reform this unwieldy system, 
our majority leader, Congressman Dick Armey has put forward a flat tax 
proposal that can simplify our system and provide a new contract with 
the American people.
  We have all heard the phrase ``you deserve a break today'' and now I 
want to help put those words into action. Today I will be introducing a 
modified flat tax proposal called McFlat. the ``m'' stands for mortgage 
and the ``c'' stands for charitable. McFlat incorporates the meat of 
Congressman Armey's flat tax along with deductions for mortgage 
interest and charitable contributions.
  McFlat can provide the arches, so to speak, between those that want a 
simpler and fairer system and those of us who feel that it is essential 
to retain deductions for homes, churches, and charities. McFlat is the 
simple and fair way to revolutionize the American Tax Code.

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