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The clipping this text was read from
The clipping this text was read from

Republican legislators were quick to question the plan’s fairness, and even Democrats acknowledged that the proposal would have to be kneaded quite a bit before the legislation reaches its final form.

“How do you figure it’s fair?" asked Raymond R. (Andy) Guest Jr., R-31st District, the House Minority Leader.

Guest and others, Republicans and Democrats alike, said they would have difficulty explaining to the person who made $16,001 why his entire retirement income was taxed, while the person down the street making $15,999 was not taxed on any of his retirement income.

Suggestions of a gradual credit loss approach could be heard throughout the halls of the capital. “Why not reduce (the credit) dollarfor-dollar above $16,000," suggested Sen. Kevin Miller, R-26th District, “so that when you get to $32,000 you get no credit?”

An accountant and banker, Miller said he would introduce his own legislation addressing the pension dilemma.

Lawmakers from Northern Virginia were particularly unwilling to swallow the governor’s threshold suggestion. “Everybody in Northern Virginia is going to be zapped by this bill,” said Del. Jane H. Wood, R-37th District.

With the cost of living increasing

89.6%