[Congressional Record Volume 142, Number 97 (Thursday, June 27, 1996)]
[House]
[Pages H6979-H6980]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
THE AMERICAN WORKERS TAX BURDEN
(Mr. ROYCE asked and was given permission to address the House for 1
minute.)
Mr. ROYCE. Mr. Speaker, next week on July 4, the American people will
celebrate 220 years of independence from Great Britain, but they will
also celebrate the fact that their liberation from $3.3 trillion in
total costs and regulations that it takes 6 months to pay. It was not
always so.
If we went back to the 1960's, we would see that the Federal tax rate
then was 12 to 13 percent. It has doubled since then to 25 percent.
When we add the regulations cost, when we add the State cost, it brings
it up to almost 50 percent.
Now that is the cost of increased Government spending. That is why
some of us fight to reduce wasteful Government spending on this floor.
Let us reduce the burdens which we have
[[Page H6980]]
placed upon the American worker. Let us reform the overgrown Government
agencies and roll back senseless and burdensome regulations. Let us
grant the American worker the independence that he or she deserves from
the Federal Government.
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