Re:Illinois pension benefits have grown six times faster tha...
by jacobolus on Wednesday March 28, 2018 @11:38AM
(#16698539)
The 'they' who accepted lower taxes is rich businesspeople etc., the 'they' who will lose their retirement is career schoolteachers etc.
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Re:Illinois pension benefits have grown six times faster tha...
by toomuchtodo on Wednesday March 28, 2018 @11:40AM
(#16698558)
And even today we continue to overspend with reduced tax rates.
Somebody has to take the punch bowl away and make us pay what’s come due.
Re:Illinois pension benefits have grown six times faster tha...
by pulisse on Wednesday March 28, 2018 @11:45AM
(#16698611)
Somebody has to take the punch bowl away and make us pay what’s come due.
Why is it public-sector retirees in particular who must pay that price? Again, they have moral and legal claims on their pensions, and they (largely low and moderate income households) are not the primary beneficiaries of decades of low taxes that left state pensions underfunded.
Re:Illinois pension benefits have grown six times faster tha...
by smsm42 on Wednesday March 28, 2018 @12:10PM
(#16698922)
> Why is it public-sector retirees in particular who must pay that price?
Because they have voted in the politicians who perpetrated the fraud, and gladly bought into it. Public sector unions are one of the largest political donors.
Re:Illinois pension benefits have grown six times faster tha...
by toomuchtodo on Wednesday March 28, 2018 @12:54PM
(#16699419)
Public sector retirees are not the only people who voted for these politicians.