The Boston Globe from Boston, Massachusetts • 21

BOSTON SUNDAY GLOBE MAY 16. 1982 21 5x0 Remnants A Fishing for a tax counterattack 6 9 Remnants $1 9.99 sup. duced the new tax bill on crude oil at a news By William Garland States News Service WASHINGTON In distant historical an- SPECIAL PURCHASE nals. It may be called the Lobster and Oil War of 1982. waged with vehemence (and some poetry) in the venerable halls of Congress.

An Oklahoma congressman has come up with the National Lobster Profit Sharing Act of 1982, a salty counterattack to a northern col- plush remnants their borders," he said during a speecn on the House floor late last week. Following McCurdy's statement, House Speaker Thomas P. O'Neill Jr. refrained from a bellicose response. But he sent this poem to McCurdy Friday morning: McCurdy yelled, 'You can't share in my oil, Even the thought makes my blood boil.

However if you insist and insist I assure you I'll resist. And if you steal my oil like a mobster. I'll come and get your lobster" Is McCurdy kidding with the lobster tax? Well, sort of. While assuring New Englanders he will not follow through with an actual bill, he said he does not intend to "stand idly by while a group calling itself the Northeast-Midwest Congressional Coalition seeks to punish crude oil-producing states like my own with something called the National Crude Oil Profit-Sharing Act of 1982." Five congressmen from the coalition intro 5 12..... 6 12 $50..

8x12 $70,. conference last week. The bill calls for a 30 percent tax on crude oil when it is produced, a move proponents said could generate an estimated $17 billion in new revenues each year for the federal treasury. About 75 percent of the tax revenues would offset the federal deficit, the source of much congressional concern this session, and part of the remainder would help northerners with energy-conserving measures. McCurdy mirrored the logic of his northern colleagues when he took to the House floor.

"The (lobster) act would establish a 30 percent federal landing tax on lobsters fished di-, rectly out of the Atlantic Ocean," the Oklaho-man said. Out of lobster industry revenues he calculated at $75 million per year, he would use 75 percent of the lobster tax to reduce the deficit and "require half of the remaining 25 percent (to) go to states in the form of block grants for repair of the aging infrastructure of this country and the other half for further development of alternative sources of lobster." WHY "The Dremise of the hill." exnlainprl Rpn Dave McCurdv his tnntfnf ftrmlu lm- PAY MORE? tony man sizes it Brett Sivlngs planted in his cheek, "is that the lobster sources of this country, limited to a few Northeastern Hi states, should be viewed as national resources 1 41 i mz Fair Discount Centers yc yy i these resources should be enjoyed by all of 137 Harvard Allston, Mass. America. SHOP EARLY FOR BEST SELECTION ix) osier proms snouia not Deneiu omy me "lobster farming industry and those states who 7 254-2167 PARKING IN REAR by geological chance find these resources within Ai ACT3A Trri (TT)TT 16 1p PeoOTau Home Compete i 1 1 1 i i viiiiinikmi 1111 It 2 I lit till I EXTRA BUYING POWER! Inquire about the LECHMEREShawmut Easy Payment Plan. it A ATAR8 400 CAN GIVE YOUR CHILD A REAL LEARNING ADVANTAGE-Perfect for teaching and playing exciting games too.

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