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Home / TN: Dem Governor on Defensive about Tax Break ‘Political Maneuver’TN: Dem Governor on Defensive about Tax Break ‘Political Maneuver’
Last Updated on Wednesday, 25 March 2009 10:56 Written by rslcpol Wednesday, 25 March 2009 10:56
From The Daily Times:
Gov. Phil Bredesen insists he isn’t “playing any games” by linking his proposal to close a tax break for family-owned rental properties with keeping more than 300 public safety jobs on the state payroll.
Bredesen calls the tax break an unfair loophole, and projects the state could collect $25 million a year if it were eliminated. In his budget presented to lawmakers Monday, the Democratic governor said that money would be used to pay for preventing prosecutors, public defenders and highway patrolmen from losing their jobs.
“We just tied it to something that we thought ought to be restored with recurring funds over a much longer period of time,” he said.