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ATA'S DONOHUE TESTIFIES BEFORE HOUSE WAYS AND MEANS; SEEKS FAIRNESS AND BALANCE IN TAX PROPOSALS

 WASHINGTON, March 16 /PRNewswire/ -- Calling the proposed energy tax "a camouflaged fuel tax," American Trucking Associations (ATA) President and CEO Thomas J. Donohue, urged Congress today to make any tax it approves "broad based and fair."
 Testifying before the House Ways and Means Committee, Donohue said: "The trucking industry is prepared to make its share of sacrifices to achieve lasting economic improvement. But we do not believe it is fair to require trucking to make extra sacrifices for goals that are intended to benefit all Americans.
 "The proposed Btu tax is patently unfair -- especially to small businesses, which can least afford to pay it."
 Donohue noted that the proposed tax on natural gas, coal and nuclear power would be 25.7 cents per million Btu's, while the tax on oil would be more than twice that amount at 59.9 cents per million Btu's.
 "A tax that falls more than twice as hard on petroleum users constitutes a camouflaged gas tax," he said.
 In his testimony, Donohue cited other problems with the administration's proposed economic package, including changes in the deductions for business meals.
 "Truck drivers don't eat at fancy restaurants or entertain high- powered clients, but virtually every meal they eat on the road is a business expense to them or their companies," Donohue said.
 In addition, Donohue noted that the latest investment tax credit proposals would not allow truck-leasing companies to pass their savings on to customers, and that a proposed increase in the corporate tax rate could wipe out many trucking companies' profit margins.
 "If you're going to have a tax, it must be fair, balanced and equitable," he said. "It cannot single-out a certain group of individuals, or a specific industry, or a particular geographic region.
 "The people of the trucking industry want to be part of the solution. But it is going to be very hard to get our support as long as the energy tax is unfair."
 -0- 3/16/93
 /CONTACT: John Doyle of the American Trucking Associations, 703-838-1912/


CO: American Trucking Associations ST: District of Columbia IN: TRN SU: LEG ECO

IH-DC -- DC016 -- 6583 03/16/93 13:02 EST
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Publication:PR Newswire
Date:Mar 16, 1993
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