Original_To:  WORD
Original_cc:  185422285
Newsgroups: bit.listserv.words-l
Date:         Sun, 4 Oct 1992 15:16:00 EST
From:         "Alec D. Plotkin" <185422285%VUVAXCOM.BITNET@uga.cc.uga.edu>
Subject:      George on taxes

Subject:      GHWBush's 178 tax increases....

>From the NYTimes, Sept 28.

Written by Mickey Kantor, chairman of the Clinton-Gore campaign.

"
Let's just shoot straight.  George Bush has repeatedly told the American
people that by his standard for judging what taxes or fees are, he raised
them only once, and Bill Clinton raised them 128 times.  If that is not a
lie, then it is its identical twin.
        The truth is that by George Bush's own standard, he raised taxes
and fees 178 times in only three and a half years.  That means by George
Bush's own standard, he raised taxes and fees 51 times a year -- almost
five times more per year than what he claims Bill Clinton did.
        Yet, George Bush says he raised taxes and fees only once and opponent
raised them 128 times.  Maybe that's not a lie.  Maybe it's just one of
178 variations between a lie and a gross distortion.
        Now, read the list.
"

"
                        1989
           OMNIBUS RECONCILIATION ACT

1.  Encacted new taxes on certain corporate dividends.
2.  Reduced tax benefits on certain high-yield bonds.
3.  Increased taxes on corporate organizations.
4.  Required mutual funds to distribute more income.
5.  Increased taxes on sale of certain mutual fund interests.
6.  Sped up taxation of mutual funds income.
7.  Increased taxes on buying a corporation.
8.  Increased taxes on dividends to corporations.
9.  Modified corporate tax returns.
10. Expanded IRS authority in taxing corporations.
11. Required reporting to IRS of corporate acquisitions and recapitalizations.
12. Required quarterly estimated taxes for certain partnerships
        ("S corporations").
13. Lmited deductions for interest paid to certain tax-exempt organizations.
14. Lmited corporate deductions for certain losses.
15. Limited tax incentives for loans to employee stock-ownership plans.
16. Limited tax deduction for dividends paid to employee stock-ownership plans.
17. Limited tax benefits of employees selling stock to employee stock-ownership
        plans.
18. Repealed limits on contributions to employee stock-ownership plans.
19. Disallowed employee stock-ownership plans from assuming estate-tax liability
20. Repealed deduction for sales from an estate to an employee stock-ownership
        plan.
21. Repealed special tax rules for employee stock-ownership plans.
22. Limited employer contributions to pension plans for retirees' medical
        benefits.
23. Modified tax year of foreign corporations.
24. Gave IRS authority to modify certain corporate returns.
25. Increased reporting by US subsidiaries of foreign corporations.
26. Repealed special tax treatment of interest income from loans to certain
        countries.
27. Stopped scheduled reduction in taxes on airline passenger tickets.
28. Increased tax on international plane tickets.
29. Taxed tickets for foreign trips by ship.
30. Increased tax on oil for oil spill liability trust fund.
31. Taxed ozone-depleting chemicals.
32. Sped up collection of gasoline tax.
33. Increased taxes on exchanges of "like-kind" property.
34. Taxed exchanges of foreign and American "like-kind" property.
35. Repealed tax deferral on long-term contracts that are not completed.
36. Changed tax write-offs for purchases of franchises, trademarks and
        trade names.
37. Withheld taxes from wages of certain agriculture workers.
38. Sped up employers' deposits of payroll taxes.
39. Taxed certain legal awards for personal injuries.
40. Taxed certain distributions by partnerships.
41. Restricted deductions for business cellular telephones.
42. Limited work incentive tax credit for employers of disadvantaged workers.
43. Denied tax deduction for purchase of certain property.
44. Imposed restrictions on tax-exempt bonds issued by local governments.
45. Repealed tax benefits for certain financial institutions.

        COUNTERVAILING DUTY ACTIONS
46. Tariff on malleable pipe fittings from Thailand.
47. Tariff on antifriction bearings from Singapore.
48. Tariff on ball bearings from Thailand.
49. Tariff on steel rail from Canada
50. Tariff on aluminum sulfate from Venezuela.

        ANTI-DUMPING CASES
51. Tariff on rectangular tubing from Tawiwan.
52. Tariff on microdisks from Japan.
53. Tariff on electrolytic manganese dioxide from Greece.
54. Tariff on electrolytic manganese dioxide from Japan.
55. Tariff on ball bearings from France.
56. Tariff on cylindrical roller bearings from France.
57. Tariff on spherical plain bearings from France.
58. Tariff on ball bearings from Germany.
59. Tariff on cylindrical roller bearings from Germany.
60. Tariff on spherical plain bearings from Germany.
61. Tariff on ball bearings from Italy.
62. Tariff on cylindrical roller bearings from Italy.
63. Tariff on ball bearings from Japan.
64. Tariff on cylindrical roller bearings from Japan.
65. Tariff on spherical plain bearings from Japan.
66. Tariff on ball bearings from Rumania.
67. Tariff on ball bearings from Singapore.
68. Tariff on ball bearings from Sweden.
69. Tariff on cylindrical roller bearings from Sweden.
70. Tariff on ball bearings from Thailand.
71. Tariff on ball bearings from Britain.
72. Tariff on cylindrical roller bearings from Britain.
73. Tariff on rectangular tubing from Argentina.
74. Tariff on industrial belts from Germany.
75. Tariff on synchronous belts and V-belts from Italy.
76. Tariff on industrial belts from Japan.
77. Tariff on V-belts from Singapore.
78. Tariff on steel rail from Canada.
79. Tariff on business telephone systems from Japan.
80. Tariff on business telephone systems from Taiwan.
81. Tariff on aluminum sulfate from Venezuela.
82. Tariff on drafting machines from Japan.

                        1990
        OMNIBUS BUDGET RECONCILIATION ACT
83. Enacted new top individual tax rate of 31 percent.
84. Phased out personal exemption for wealthy taxpayers.
85. Limited itemized deductions for wealthy taxpayers.
86. Eliminated medical deduction for cosmetic surgery.
87. Slowed down tax write-off for spending to imporve access for the disabled.
88. Reduced certain tax credits for ethanol production.
89. Increased gasoline tax by five cents a gallon.
90. Doubled excise tax on certain cars.
91. Increased tax on tobacco by 25 percent.
92. Increased tax on beer, wine, and distilled spirits.
93. Imposed luxury tax on certain cars, furs, boats, and airplanes.
94. Expanded ozone-depleting chemical excise tax.
95. Extended leaking-underground-storage tax on gasoline and aviation fuel
        for five years.
96. Increased and extended airport trust-fund aviation excise taxes for five
        years.
97. Increased excise tax for maintenance of harbors.
98. Made permanent the tax on long-distance and local telephone service.
99. Reduced deductions for certain losses by insurance companies.
100. Slowed insurance company deductions for certain expenses.
101. Adopted new tax compliance provisions.
102. Increased taxes on pension fund transfers to employers.
103. Increased interset rate on tax underpayments by corporations.
104. Expanded reporting by corporations.
105. Modified tax treatment of certain preferred stock.
106. Limited corporate tax losses in buying subsidiaries.
107. Required taxing corporations when they dissolve.
108. Imposed taxes of certain bond exchanges by corporations.
109. Extended IRS user fees for tax rulings for five years.
110. Extended Social Security tax to state and local employees.
111. Extended unemployment tax on employers for five years.
112. Sped up payroll tax deposits by employers.
113. Increased employee wages subject to Medicare tax.
114. Gave the IRS more time to collect taxes.
115. Imposed taxes on certain trusts.
116. Extended customs merchandise and passenger-processing fees.
117. Increased Nuclear Regulatory Commission fees.
118. Established Coast Guard recreational and commercial boaters fees.
119. Imposed fees for animal, plant, and health inspection services.
120. Imposed agriculture marketing fees and increased fees on commodity
 grading.121. Increased fees on FEMA flood insurance and established student
        registration fee.
122. Imposed fees for EPA water permits and radon proficiency ratings.
123. Imposed co-payments for veterans' medical care.
124. Established fee for railroad safety program.
125. Increased fee on new Veterans Administration housing loan guarantees.
126. Imposed a travel and tourism fee.
127. Increased fees for National Oceanic and Atmospheric Administration
        services.
128. New surcharge on patent user fees.
129. Increased duties for vessels entering US ports from foreign ports.
130. Increased Medicare part B deductible from $75 to $100.
131. Increased Pension Benefit Guaranty Corporation premiums.
132. Additional duty on ethyl tertiary-butyl ether (Customs and Trade Act).

        COUNTERVAILING DUTY ACTIONS
133. Tariff on butt-weld pipe fittings from Thailand.
134. Tariff on leather from Argentina.

        ANTI-DUMPING CASES
135. Tariff on business telephone systems from South Korea.
136. Tariff on Mechanical transfer presses from Japan.
137. Tariff on nitrocellulose from Brazil.
138. Tariff on nitrocellulose from Germany.
139. Tariff on nitrocellulose from Japan.
140. Tariff on nitrocellulose from China.
141. Tariff on nitrocellulose from South Korea.
142. Tariff on nitrocellulose from Britain.
143. Tariff on cement from Mexico.
144. Tariff on sweaters from Hong Kong.
145. Tariff on sweaters from South Korea.
146. Tariff on sweaters from Taiwan.
147. Tariff on nitrocellulose from Yugoslavia.
148. Tariff on laser light-scattering instruments from Japan.

                        1991
149. Extended taxes to finance Highway Trust Fund(Intermodal
        Surface Transportation Act).
150. Expanded co-payments for veterans' medical care (VA-HUD Appropriations).

                COUNTERVAILING DUTY ACTIONS
151. Tariff on Atlantic salmon from Norway.
152. Tariff on steel wire rope from Thailand.

                ANTI-DUMPING CASES
153. Tariff on benzyl paraben from Japan.
154. Tariff on sodium thiosulfate from Germany.
155. Tariff on axes and adzes from China.
156. Tariff on bars and wedges from China.
157. Tariff on hammers and sledges from China.
158. Tariff on picks and mattocks from China.
159. Tariff on sodium thiosulfate from China.
160. Tariff on sodium thiosulfate from Britain.
161. Tariff on salmon from Norway.
162. Tariff on cement from Japan.
163. Tariff on polyethyleneterephihalate film from Japan.
164. Tariff on polyethyleneterephihalate film from South Korea.
165. Tariff on silicon metal from China.
166. Tariff on sparklers from China.
167. Tariff on silicon metal from Brazil.
168. Tariff on personal work processors from Japan.
169. Tariff on active matrix flat panel displays from Japan.
170. Tariff on electroluminescent flat-panel displays from Japan.
171. Tariff on lug nuts from China.
172. Tariff on lug nuts from Taiwan.
173. Tariff on silicon metal from Argentina.
174. Tariff on tungsten ore concentrates from China.
175. Tariff on ceiling fans from China.
176. Tariff on oscillating fans from China.

                        1992
                ANTI-DUMPING CASES
177. Tariff on shop towels from Bangladesh.
178. Tariff on lenses from Japan.
"

Reprinted w/o permission from the New York Times.
All typos are probably mine.

Jonathan Fisher
jfisher@netxwest.com
Comments: Gated by NETNEWS@AUVM.AMERICAN.EDU