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Thu February 17, 2011
GOP leaders won't reject Snyder pension tax plan
Republican leaders in the state Legislature say they want to give Governor Rick Snyder time to roll out his entire budget proposal before passing judgment on pieces of it that have become public.
State Senate Majority Leader Randy Richardville says he’s been briefed on the entire budget proposal and is telling people to be patient.
“We’re a little premature making an evaluation of an overall big picture solution. I commend the governor for not being afraid to take on a tough issue and not being afraid to take on a tough issue, not being afraid to roll out a plan. But this is his day, this is his budget. It’s his time to throw out his plan."
The governor is expected to propose lifting the tax exemption on pensions as part of a plan that will also include repealing the Michigan Business Tax, but replacing only part of the revenue.
The governor will make his formal budget proposal to the Legislature this morning at 11 a.m.