[Congressional Record Volume 148, Number 102 (Wednesday, July 24, 2002)]
[House]
[Page H5320]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]


[[Page H5320]]
          WEALTHY CORPORATIONS AVOID THEIR FAIR SHARE OF TAXES

  (Mr. STRICKLAND asked and was given permission to address the House 
for 1 minute and to revise and extend his remarks.)
  Mr. STRICKLAND. Mr. Speaker, the American people need to know what is 
happening. Wealthy corporations are choosing to leave America, go to 
Bermuda, get a post office box, simply to avoid paying their fair share 
of taxes.
  This is happening at a time when our colleague, the gentlewoman from 
Connecticut (Ms. DeLauro), tried to get an amendment to the Postal-
Treasury appropriations bill that would say, if a corporation does 
this, they should not have access to lucrative Federal contracts. But 
the leadership in this House said oh, no, we cannot do that.
  At a time when we are raising the cost of prescription drugs on our 
veterans from $2 to $7 a prescription, and at a time when the pension 
for wartime veterans' widows is a measly $534 a month, we are allowing 
wealthy corporations, in a time of war, to avoid their fair share of 
American taxes.

                              {time}  1045

  Who is going to pay those taxes? Are veterans?

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