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Illinois unions rally for higher taxes

In the “it gets crazier every day” category, Illinois governor, Pat Quinn, no fan of Ludwig von Mises, is seeking to jam taxpayers with a 33% hike in income tax rates. Yesterday, public workers held a rally in Springfield, chanting, “Raise taxes!” and “Show me the money!” to underscore: A) that they support Quinn’s proposal; B) that they’re shameless; and C) that plundering the private sector is the purpose of public unions.

Henry Bayer, representing the American Federation of State, County and Municipal Employees, warned legislators that “if you try to leave town without doing your job, we’re going to chase you. People are hurting,” he said, “that’s why we need a tax increase. Legislators don’t want to do their job.”

Get that? The “job” of legislators is to take more from people that are hurting—the private sector—in order to backstop those who aren’t hurting—the unions—in order to “mend” a budget destroyed by the latter. According to NPR:

{If states could go bankrupt, Illinois might be the first.

State finances are in such a mess that many experts say the “Land of Lincoln” is on borrowed time and money.

One of the biggest issues is a huge unfunded pension liability. According to the Pew Center on the States, Illinois is worst in the nation when it come to setting aside enough money for its pensions. Its analysis of states’ pension funds in 2008 found Illinois had set aside just 54% of the money that’s been promised to its state workers and retirees.

Today, the unfunded pension liability in Illinois is much greater than the pension funds’ assets, and has ballooned to a staggering $77.8 billion.}

So, public workers, who enjoy greater benefits than private workers, want to stick it to the latter. Even those who educate children, teaching America’s future “new math.”

Greg Halvorson is the founder of Soldiers Without Boots, and hosts The Soldier One Radio Hour on Blog Talk Radio.

COMMENTS

  • mbecker908

    are just the tip. The reality is something on the order of three TRILLION dollars of unfunded pensions in public sector, not counting social security.

  • southernilpat

    Public employees should NOT be allowed to unionize. I was talking to an employee at the DMV one time (one of the few public employees I have ever run into who actually did her job well) about an employee I had run into at another DMV office. She knew immediately who I was talking about: apparently this employee was famous for her rudeness. The woman I was talking to told me that they didn’t even get annual performance reviews any more because “what’s the point? They can’t give you anything for doing a good job and they can’t do anything to you if you are doing a bad job.” An excellent commentary on what unions have brought us to.