Political Quotes

James Traficant: This bill, as stated, clarifies the tax treatment of certain pensions. More specifically, as was stated by the gentleman…

On the recordOctober 15, 1998
This bill, as stated, clarifies the tax treatment of certain pensions. More specifically, as was stated by the gentleman from Pennsylvania (Mr. Gekas), technical to others but to the people impacted very substantive, because the bottom line, this deals with an issue passed in the last Congress which protects the pension income of retirees who retire from a State which has an income tax to a State with no income tax, as cited by the gentleman from Pennsylvania (Mr. Gekas). Having said that, I believe it is the right thing to do. It makes the correction which is necessary under law. We support the legislation.

Editor's note · Context

Discussing legislation that clarifies tax treatment of certain pensions.

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