Y4. B85/3: F32

✓ USER FEES AND WITHHOLDING TAXES ON INTEREST AND DIVIDENDS

CONTENTS

Statement of:

Brinson, J. Ron, president, The American Association of Port Authorities.

Cohen, Edwin S., on behalf of the Investment Co. Institute....

Cohen, Sheldon S., former Commissioner of the IRS.

Cunningham, Jacques, port director, city of Tulsa-Rogers County Port

Authority.

Graves, W. Lawrence, vice president, Aircraft Owners & Pilots Associ-

ation (AOPA).

Hastings, David C., vice president and director of taxes, First & Mer-

chants National Bank, Richmond, Va., representing the American

Bankers Association, accompanied by Otto E. Caudell III, vice president

and director of corporate systems, First & Merchants National Bank,

Richmond, Va....

James, George W., senior vice president, economics and finance, Air

Transport Association of America.....

Page

30

105

123

17

51

80

66

137

Kucera, Anthony L., president, the American Waterway Operators, Inc.,

Arlington, Va

Schwartz, Richard, executive director, Boat Owners Association of the

United States, accompanied by Michael Sciulla, director of Government

and public affairs...

2

58

40

34

108

126

Stimpson, Edward W., president, General Aviation Manufacturers Associ-

ation

Winant, John, president, National Business Aircraft Association

Additional information submitted for the record by:

Brinson, J. Ron, prepared statement...

Cohen, Edwin S., prepared statement.

Cohen, Sheldon S., prepared statement

Cunningham, Jacques:

Arkansas-Oklahoma Port Operators Association letter dated Febru-

ary 17, 1982, re user fee position with attachment from Mid-Region

Petroleum, Inc., dated October 12, 1981.

Governor's Waterways Advisory Team, prepared statement re pro-

posed waterway user taxes

McClellan-Kerr Waterway System Import Study by Larkin Warner,

professor of economics

Tulsa Tribune article entitled: Strangling the Waterway..

Tulsa World article by Herb Karnen entitled: Fence Talk

Graves, W. Lawrence, prepared statement

Hastings, David C., prepared statement with attached exhibits.

Exhibit I-Regular Savings-Account Costs....

Exhibit II-System Development Process/Phases

James, George W., prepared statement

Johnston, Hon. Eugene, tables submitted re Coast Guard history in

budget authority

Kucera, Anthony L., prepared statement with attachments......

Attachments:

A-Inland Waterways commodity maps

B-Myths, Facts and Genuine Surprises

Look at Transportation Subsidies..

C-New Release entitled: Tax Act Creates "New Subsidy" for
Railroads with attached memoranda from Lord Bissell &
Brook entitled: Tax Benefits for the Railroad Industry Under
the Economic Recovery Act of 1981......

D-Traffic World magazine articles reprinted from February 8,

1982.

163

173

Additional information submitted for the record by-Continued

Page

Nisbet, David S., chairman, Canaveral Port Authority Cape Canaveral,
Fla., prepared statement....

203

Schwartz, Richard, prepared statement...

5

Skinner, James A., Jr., Nashville, Tenn., chairman, National Waterways
Conference, Inc., prepared statement with exhibits..

184

Exhibits:

A-Tables

200

B-Journal of Commerce article entitled: Rails Oppose End to
Federal Aid...

202

Stimpson, Edward W., prepared statement.

59

Winant, John, prepared statement..

41