[Congressional Record Volume 148, Number 63 (Thursday, May 16, 2002)]
[House]
[Page H2516]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




               PASS THE CORPORATE PATRIOT ENFORCEMENT ACT

  (Mr. NEAL of Massachusetts asked and was given permission to address 
the House for 1 minute and to revise and extend remarks.)
  Mr. NEAL of Massachusetts. Mr. Speaker, today on the House floor we 
should be considering much-needed marriage penalty relief. However, 
yesterday the Republican leadership withdrew consideration of the 
Marriage Penalty Tax Relief Act in order to protect financial traitors. 
Democrats only wanted to pay for this tax relief by implementing the 
provisions of H.R. 3884, the Corporate Patriot Enforcement Act, a bill 
authored by myself and the gentleman from Connecticut (Mr. Maloney). 
Fearing that this House would vote overwhelmingly to stop the exodus of 
American corporations to tax havens, the leadership dropped the 
Marriage Penalty Tax Relief Act altogether.
  While House leaders procrastinate, our constituents around the 
country want Congress to act. Last week commonsense folks out in Peoria 
at the Journal Star wrote, ``Americans should be outraged, and so 
should Congress, which should move quickly to pass pending legislation 
outlawing the dodge.'' I guess the message was not heard here yesterday 
in this House.
  As Congress does nothing, the exodus of two more corporations who 
voted this week to reincorporate in tax havens at the expense of honest 
corporations and hard-working Americans continues. Stop the delay, and 
close the floodgate to these corporate expatriates by passing the Neal-
Maloney Corporate Patriot Enforcement Act.

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