Perry Pursueing Death Tax On Teachers

The chairman of the Texas Democratic Party on Friday called on Gov. Rick Perry to terminate discussions to have the state purchase life insurance policies on thousands of retired teachers in order to earn the death benefits.

"It is outrageous that Rick Perry would try to put the state of Texas into the death business," said Charles Soechting.

"You don't fund state government by taking out life insurance policies on retired teachers and cashing in upon their death."

Gene Acuna, a spokesman for Perry, said the discussions will continue.