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Oops: Only Morality Stands in the Way of Public Unions and Our Money

Michael2944 Wrote: Aug 11, 2012 10:33 PM
State/City/County gov't should compute a "fair retirement" - say 1.5% x number of years worked x base salary (no OT included) ...and indicate that is what they SHOULD have been given. Then take their current rate (sometimes as high as 3% x number of years worked x last year salary (including OT)) ...and tax the excess (the difference between an honest retirement and the corruptly negotiated retirement) at 95%. This way ..the state/more local gov'ts are not changing the promised retirement - but they are using the same clauses found by Supreme Court Chief Justice Roberts that the gov't CAN Tax things if they want!! The excess funds can be returned to help the systems be less insolvent.
aknowles Wrote: Aug 19, 2012 3:40 PM
"Should be"? How about legal voters taking responsibility for their lack of interest or even their disregard of the voting duty? Voting is not a privilege. It is a duty, a responsibility of all legal voters.
rwright Wrote: Aug 13, 2012 1:36 AM
There is no degree of insolvency. You are either bust or flush.
aknowles Wrote: Aug 19, 2012 3:49 PM
Thanks for telling me where I am, I didn't know.
Robert2370 Wrote: Aug 12, 2012 7:28 AM
I totaly agree with you. We all would get some tax relief then.
aknowles Wrote: Aug 19, 2012 3:48 PM
We should all take a active part in our government. Too many complain only when they are touched by a regulation or a tax. We do not demand that our employees do their job. We do not dismiss those whose incompetence is apparent. Heck, we don't even demand they read their job description, the US Constitution.

If you follow the rule in life to follow the money, the money trail increasingly is leading to a union pension, a union wage or a union contract. And it’s putting America’s cities out of business.

As more municipalities begin to eye bankruptcy proceedings as a way out of their financial mess, many believe that one great advantage of bankruptcy proceedings is that it will allow the nullification of fat union wages, pensions and other benefits that taxpayers in the private sector don’t get.

But if the example of Stockton, California serves as a guide, city officials would rather screw...

Related Tags: Unions Money Morality