[Congressional Record Volume 145, Number 130 (Thursday, September 30, 1999)]
[House]
[Page H9027]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
AT LEAST ONE ABUSIVE TAX SHELTER COULD HAVE BEEN CUT INSTEAD OF THE
EARNED INCOME TAX CREDIT
(Mr. DOGGETT asked and was given permission to address the House for
1 minute.)
Mr. DOGGETT. Mr. Speaker, of course the raid on Social Security is
the one our Republican friends have already incurred through this year,
but what I would like to focus on are the millions of Americans that
are out there right now preparing our lunch at a fast food restaurant,
caring for seniors at a nursing home or for our children at a child
care center, a young police officer who is putting his or her life on
the line, a young teacher trying to assure educational opportunity; all
of these folks working at low-paid jobs, as they work, receive an
earned income tax credit as an incentive to work, to contribute, to pay
their taxes.
It is to this group of working American families that this Republican
majority has turned at this very hour to finance their fiscal
irresponsibility. They could have closed at least one abusive corporate
tax shelter. They could have ended a tax loophole, but instead they
turned to working Americans in what one executive at H&R Block says
would ``cause confusion and disrupt the personal lives of hard-working
American families'' by delaying their tax refund. This is wrong. This
tactic must be rejected.
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