Quote:
Originally Posted by dc_dux
According to the National Association of State Retirement Administrators, "less than three percent of all state and local government spending was used to fund public pension benefits..."
http://www.nasra.org/resources/ERContributions.pdf
Of your $3,000 state/local tax bill, that amounts to less than $90.
But as dippin noted, this is not about pensions costs or state budget deficits...it is simply anti-union politics, particularly given than the unions in WI have agreed to significant cuts in the state's contribution to employee pensions.
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I had no idea it was only 3% so I guess they should have no problem giving that up. How much more can I keep to help pay for my healthcare insurance if I don't have to contribute to theirs?
---------- Post added at 12:51 AM ---------- Previous post was at 12:46 AM ----------
Quote:
Originally Posted by dippin
This is once again arguing from the false point of view that the issue in Wisconsin is a budget one. The unions have already conceded on the benefits. And the same bill that removes their collective bargaining rights also reduces taxes for the top tax bracket. So whether or not they actually go through with the bill will have zero impact on how much you currently pay in taxes. So again this is a false dichotomy.
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I'm in Ohio but I guess the same is true here. It is sad that they won't pass the spending cuts down to us. I guess there is no trickling down once they get the money.