Illinois cities looking for pension relief, restoration of income tax share – Center Square

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Poor Taxpayer
3 years ago

The future is full of doom and gloom. The root cause is overly generous pensions that were promised so the politician could buy the public sector vote.

Poor Taxpayer
3 years ago

Overly generous pensions are unsustainable. There is not enough money to cover future cash flows. It is nothing but a Ponzi scheme, paying benefits with new contributions (PONZI).
Largest generational theft in history.

Riverbender
3 years ago

The old Illinois Revenue sharing fiasco marches on. Perhaps if people would have been against to begin with we wouldn’t be where we are…but I know politicians don’t lie blah blah etc.

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