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HELLO. Christmas is over...The last time that I recall going down a similar path was the phase out of the tangible property on cars. A $200M revenue stream was never identified to replace the lost revenue, cities and towns panic struck figured that raising the valuation on Grandma's 1981 Ford Tempo by $2,000 would fix the short fall...In other words, no detailed thought about ramifications down the road...Here we go again...Wait till you try and find a fiscal note attached to this bill after it sails out of committee for passage, no doubt in the last few days of the session...The players change but in the end it always ends up a goat rope that taxpayers are stuck with...Hint, hint, the former residents are already in Florida or are planning on leaving this financial hell hole. This is lip stick on a pig.

From: Rep. Serpa bill looks to exempt retirement income from state income tax

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