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BOAT INDUSTRY APPLAUDS BUSH FOR ADOPTING REP. SHAW BOAT EXCISE TAX REPEAL LANGUAGE IN BUDGET PROPOSALS

 BOAT INDUSTRY APPLAUDS BUSH FOR ADOPTING
 REP. SHAW BOAT EXCISE TAX REPEAL LANGUAGE IN BUDGET PROPOSALS
 WASHINGTON, Jan. 31 /PRNewswire/ -- The National Marine Manufacturers Association (NMMA) issued praise for President Bush in adopting legislative language initiated by Rep. Clay Shaw (R-Fla.) regarding repeal of the boat excise tax that has cost 20,000 to 25,000 mostly blue-collar American boat workers their jobs.
 "The entire boat industry can now benefit from Congressman Clay Shaw's vision of one year ago, now that President Bush and congressional Republicans and Democrats alike are urgently calling for repeal of this damaging tax," said NMMA President Jeff Napier.
 Shaw's bill, HR 951, introduced one year ago in the U.S. House of Representatives, has gained 170 co-sponsors from both political parties. "Partisan politics has taken a back seat to the real problem of job loss caused by the so-called 'luxury' tax on boats," said Napier. "Congressman Shaw understood early on that to more than 20,000 Americans, their jobs in the boating industry were not luxuries -- they were necessities."
 -0- 1/31/92
 /CONTACT: Cheri Jacobus of the National Marine Manufacturers Association, 202-338-6662/ CO: National Marine Manufacturers Association ST: District of Columbia IN: SU: LEG


DC-MK -- DC029 -- 5784 01/31/92 16:45 EST
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Publication:PR Newswire
Date:Jan 31, 1992
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