[Congressional Record Volume 142, Number 135 (Thursday, September 26, 1996)]
[House]
[Page H11235]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
TAX RELIEF
(Mr. ROYCE asked and was given permission to address the House for 1
minute and to revise and extend his remarks.)
Mr. ROYCE. Mr. Speaker, in the United States today, the tax burden on
families is at a record high. In 1948, tax rates equalled 3 percent of
income for the average family of four, but today it is 24 percent. That
is eight times more than it was 40 years ago, and on top of that, our
system is complex, it is convoluted, it is confusing. As IRS study
estimates that taxpayers spend 5 billion man-hours filling out their
return every year. That is more time than is spent in the entire
automobile industry in this country in terms of man-hours.
We need significant tax relief, and that is exactly what the
Republican plan will do: tax relief, spending cuts, deficit reduction,
and the resulting smaller, more efficient, and less intrusive
Government.
Ultimately, our plan is simple. It makes sense. Americans work hard
for their living and should keep more of what they earn. They do not
need the Government telling them how to spend their money.
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