Rhode Island union leaders say state lawmakers should raise income taxes on the state's highest earners to reverse years of budget cuts.
State AFL-CIO President George Nee said Thursday that Rhode Island needs additional tax revenue to stabilize government budgets and prevent deep wage and pension cuts to public workers.
But Gov. Lincoln Chafee says raising income taxes could backfire if high earners leave the state. Chafee, an independent, has said he is open to considering some kind of tax increase this year as lawmakers grapple with a $120 million budget shortfall.
The comments came after a closed-door meeting between Chafee and union leaders to discuss a possible overhaul of municipal pension plans.
'Have you lost your mind?' Obama said something 'grossly out of touch' during his national security statement
"Happy Days" No More; Homeless Richie Cunningham Arrested With Machine Guns - Bearing Arms - California, Sten, submachine guns
Importing Terrorism and Other American Values | Human Events
- What Is Your U.S. Income Percentile Ranking?
Ted Cruz Super PAC Responds To Rubio Attack | RedState
Thomas Sowell - Political Translations
Did Rubio deal a mortal blow to ObamaCare?