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July 25, 2014, 1:17 pm
970 WMAY News

Republican Poe Would Consider Permanent Tax Hike If Money Goes To Pensions


A local Republican lawmaker says he is willing to consider permanently extending the “temporary” state income tax increase… if a big chunk of the money goes to pay the state’s unfunded pension liability. 

 

Raymond Poe’s position may once again put him at odds with his party’s leadership on the issue of pensions.  Poe says the state should keep its commitments to its workers and retirees, and thinks using a portion of the income tax money could be a way to do that. 

 

But appearing live on 970 WMAY’s “Jim Leach Show,” Poe says the law would have to be written with an ironclad guarantee that those expanded pension payments would be made on schedule.

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