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Posted: 9/3/2015 9:39:05 AM EDT
The hilarious part about the tax rape was when the Dem Mayor went to discuss it, he was shut down by Black Lives Matter hate group and fled the room. Unions, Democrats, BlackLivesMatter - could not get any better.
Emanuel set to call for largest property tax hike in modern Chicago history Mayor Rahm Emanuel is set to call for the largest property tax increase in modern Chicago history to raise enough money to make a major pension payment for police and firefighters next year, the mayor's City Council floor leader and a City Hall source told the Chicago Tribune late Wednesday.
The mayor also plans to push a new garbage collection tax, a new per-ride fee on taxis and ride-hailing services such as Uber and a new tax on electronic cigarettes and smokeless tobacco products. The mayor is considering a property tax hike of between $450 million and $550 million for police and fire pensions, but he has yet to settle on a final number, a City Hall source said. O'Connor put the figure at $450 million for police and fire pensions, plus another $50 million for a Chicago Public Schools construction program. Aldermen would authorize the CPS property tax increase, and the Chicago Board of Education would approve it.
Chicagoans also would be set to join the residents of many suburbs in paying a garbage hauling fee. O'Connor put the garbage tax at $10 to $12 a month for single-family homes and two-flats. The veteran alderman said the tax would not cover the entire cost of garbage pickup, but would put a pretty good dent in it. http://www.chicagotribune.com/news/local/politics/ct-rahm-emanuel-property-tax-hike-met-0903-20150902-story.html |
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Posted: 9/3/2015 9:41:17 AM EDT
[#1]
With tax increases like that he could be a Georgia Republican
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Posted: 9/3/2015 9:46:32 AM EDT
[#2]
Quote HistoryQuoted:
With tax increases like that he could be a Georgia Republican 
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Posted: 9/3/2015 9:48:52 AM EDT
[#3]
Dear Chicago
Go fuck yourselves. You got the socialism you voted it for. |
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Posted: 9/3/2015 9:48:57 AM EDT
[#4]
So did he have BLM disrupt the show on purpose?
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Posted: 9/3/2015 9:51:16 AM EDT
[#5]
He needs to quit doing this stuff, because it just makes more of them move up here.
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Posted: 9/3/2015 9:51:27 AM EDT
[#6]
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Posted: 9/3/2015 9:56:58 AM EDT
[#7]
It's about time. Currently, the multiplier used to calculate property values for tax purposes in Chicago is a third what it is downstate. So taxes on a home outside of Cook county are triple what someone in Cook pays. We downstaters have been bitching about this for years. I really have zero sympathy for them. I hope it goes though.
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Posted: 9/3/2015 9:58:58 AM EDT
[#8]
Quote HistoryQuoted:
It's about time. Currently, the multiplier used to calculate property values for tax purposes in Chicago is a third what it is downstate. So taxes on a home outside of Cook county are triple what someone in Cook pays. We downstaters have been bitching about this for years. I really have zero sympathy for them. I hope it goes though. Your taxes are $13,500 a year? ETA: To clarify, I know someone who pays about $4,500 a year in Cook (not Chicago) for a small one floor home with a tiny yard. |
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Posted: 9/3/2015 10:04:03 AM EDT
[#9]
Oh great......More refugees.
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Posted: 9/3/2015 10:04:12 AM EDT
[#10]
Given Rahm's history of counter-intuitive hijinks, I would not doubt the "shout down" by BLM was planned and orchestrated to provide that exact visual.
Make Rahm appear to be the victim and deflect any blame. Tell me that is not plausible. |
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Posted: 9/3/2015 10:09:55 AM EDT
[#11]
They promised the cops and firefighters pensions, if it wasn't fiscally responsible to do what they promised, the politicians shouldn't have agreed to it during contract time.
It's going to suck for property owners, but at least the politicians aren't bailing on the thousands of cops and firefighters who gave 25 plus years of their lives serving the residents. |
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Posted: 9/3/2015 10:10:20 AM EDT
[#12]
Quote HistoryQuoted:
Oh great......More refugees. Always the cream of the crop. |
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Posted: 9/3/2015 10:10:36 AM EDT
[#13]
Taxing themselves to prosperity worked wonders for detroit so why not?
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Posted: 9/3/2015 10:10:59 AM EDT
[#14]
Quote HistoryQuoted:
They promised the cops and firefighters pensions, if it wasn't fiscally responsible to so what they promised, the politicians shouldn't have agreed to it during contract time. It's going to suck for property owners, but at least the politicians aren't bailing on the thousands of cops and firefighters who gave 25 plus years of their lives serving the residents. 
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Posted: 9/3/2015 10:12:14 AM EDT
[#15]
Quote HistoryQuoted:
He needs to quit doing this stuff, because it just makes more of them move up here. No kidding! We need a wall to keep them out! |
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Posted: 9/3/2015 10:13:56 AM EDT
[#16]
Quote HistoryQuote HistoryQuoted:
Quoted:
They promised the cops and firefighters pensions, if it wasn't fiscally responsible to so what they promised, the politicians shouldn't have agreed to it during contract time. It's going to suck for property owners, but at least the politicians aren't bailing on the thousands of cops and firefighters who gave 25 plus years of their lives serving the residents. http://img.photobucket.com/albums/v361/Extorris/In/ZeiVU6A_zpsezx2dmyu.gif I so look forward to your great responses! 
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Posted: 9/3/2015 10:14:07 AM EDT
[#17]
Quote HistoryQuoted:
They promised the cops and firefighters pensions, if it wasn't fiscally responsible to so what they promised, the politicians shouldn't have agreed to it during contract time. It's going to suck for property owners, but at least the politicians aren't bailing on the thousands of cops and firefighters who gave 25 plus years of their lives serving the residents. Good. This is now a pension thread where firemen and policemen are more deserving human beings than other people who work for bankrupt entities. |
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Posted: 9/3/2015 10:15:49 AM EDT
[#18]
Quote HistoryQuoted:
They promised the cops and firefighters pensions, if it wasn't fiscally responsible to do what they promised, the politicians shouldn't have agreed to it during contract time. It's going to suck for property owners, but at least the politicians aren't bailing on the thousands of cops and firefighters who gave 25 plus years of their lives serving the residents. Politicians lie about pensions they cannot hope to pay for and the voters choose to believe the lie. Tell me how this ends well. |
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Posted: 9/3/2015 10:15:50 AM EDT
[#19]
Finally seeing the cost of free shit. Good.
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Posted: 9/3/2015 10:26:18 AM EDT
[#20]
Quote HistoryQuoted:
Good. This is now a pension thread where firemen and policemen are more deserving human beings than other people who work for bankrupt entities. Quote HistoryQuoted:
Quoted:
They promised the cops and firefighters pensions, if it wasn't fiscally responsible to so what they promised, the politicians shouldn't have agreed to it during contract time. It's going to suck for property owners, but at least the politicians aren't bailing on the thousands of cops and firefighters who gave 25 plus years of their lives serving the residents. Good. This is now a pension thread where firemen and policemen are more deserving human beings than other people who work for bankrupt entities. So if the feds decide to default on military retirements because "we can't pay for it anymore", would you feel the same way? |
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Posted: 9/3/2015 10:31:36 AM EDT
[#21]
Quote HistoryQuoted:
Politicians lie about pensions they cannot hope to pay for and the voters choose to believe the lie. Tell me how this ends well. Quote HistoryQuoted:
Quoted:
They promised the cops and firefighters pensions, if it wasn't fiscally responsible to do what they promised, the politicians shouldn't have agreed to it during contract time. It's going to suck for property owners, but at least the politicians aren't bailing on the thousands of cops and firefighters who gave 25 plus years of their lives serving the residents. Politicians lie about pensions they cannot hope to pay for and the voters choose to believe the lie. Tell me how this ends well. It doesn't. What I am saying is raising taxes is sometimes necessary and right because you promised to pay for shit. It doesn't mean it will make you and I the taxpayer happy, and some politicians will hopefully lose their job over it, but its the right thing for a responsible government to do. When you redo the retirement system and balance the budget you lower taxes again. I am all for lower taxes, but right now you sound like a democrat, you want great city services but you don't want to pay for it. |
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Posted: 9/3/2015 10:32:11 AM EDT
[#22]
Lo
Quote HistoryQuoted:
So if the feds decide to default on military retirements because "we can't pay for it anymore", would you feel the same way? Quote HistoryQuoted:
Quoted:
Quoted:
They promised the cops and firefighters pensions, if it wasn't fiscally responsible to so what they promised, the politicians shouldn't have agreed to it during contract time. It's going to suck for property owners, but at least the politicians aren't bailing on the thousands of cops and firefighters who gave 25 plus years of their lives serving the residents. Good. This is now a pension thread where firemen and policemen are more deserving human beings than other people who work for bankrupt entities. So if the feds decide to default on military retirements because "we can't pay for it anymore", would you feel the same way? It doesn't matter how anyone feels, because: We Can't Pay For It Anymore. |
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Posted: 9/3/2015 10:33:08 AM EDT
[#23]
Quote HistoryQuoted:
So if the feds decide to default on military retirements because "we can't pay for it anymore", would you feel the same way? Quote HistoryQuoted:
Quoted:
Quoted:
They promised the cops and firefighters pensions, if it wasn't fiscally responsible to so what they promised, the politicians shouldn't have agreed to it during contract time. It's going to suck for property owners, but at least the politicians aren't bailing on the thousands of cops and firefighters who gave 25 plus years of their lives serving the residents. Good. This is now a pension thread where firemen and policemen are more deserving human beings than other people who work for bankrupt entities. So if the feds decide to default on military retirements because "we can't pay for it anymore", would you feel the same way? If you're dumb enough to only have one retirement, you should be smart enough to church up cat food into a meal. Chicago's bond rating is somewhere in the neighborhood of Mexico's, so people believing that they somehow have head of the line privileges at the empty though when the going gets tough is, in the words of the great philosopher Jesus Quintana, "laughable." The only people I'll feel less sympathy for than the rabbit-ear-pants retirees are the people who've bought property there in the last 20 years. |
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Posted: 9/3/2015 10:33:26 AM EDT
[#24]
Quote HistoryQuoted:
Lo It doesn't matter how anyone feels, because: We Can't Pay For It Anymore. Quote HistoryQuoted:
Lo Quoted:
Quoted:
Quoted:
They promised the cops and firefighters pensions, if it wasn't fiscally responsible to so what they promised, the politicians shouldn't have agreed to it during contract time. It's going to suck for property owners, but at least the politicians aren't bailing on the thousands of cops and firefighters who gave 25 plus years of their lives serving the residents. Good. This is now a pension thread where firemen and policemen are more deserving human beings than other people who work for bankrupt entities. So if the feds decide to default on military retirements because "we can't pay for it anymore", would you feel the same way? It doesn't matter how anyone feels, because: We Can't Pay For It Anymore. So that leaves two options, raise taxes for a period, or default on retirement payments. I agree neither are great options, but which is the lesser of two evils? |
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Posted: 9/3/2015 10:34:10 AM EDT
[#25]
Quote HistoryQuoted:
I am all for lower taxes, but right now you sound like a democrat, you want great city services but you don't want to pay for it. Because when I think "great city services" I think "Chicago Police Department" and "Chicago Public Schools." Two fine pillars of public service. |
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Posted: 9/3/2015 10:34:19 AM EDT
[#26]
I see a federal bail out in chicago's future...
Posted Via AR15.Com Mobile |
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Posted: 9/3/2015 10:35:09 AM EDT
[#27]
Quote HistoryQuoted:
So that leaves two options, raise taxes for a period, or default on retirement payments. I agree neither are great options, but which is the lesser of two evils? Seriously, are you high as fuck right now? |
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Posted: 9/3/2015 10:35:26 AM EDT
[#28]
Quote HistoryQuoted:
They promised the cops and firefighters pensions, if it wasn't fiscally responsible to do what they promised, the politicians shouldn't have agreed to it during contract time. It's going to suck for property owners, but at least the politicians aren't bailing on the thousands of cops and firefighters who gave 25 plus years of their lives serving the residents. the Problem is that the Politicians have a bad habit of Raiding the pension funds by "Borrowing' the money......thats why most (NOT All) of NJ's pension funds are in trouble...you have Politicians treating them like a piggy bank...while themselves holding multiple "Jobs'...each of which came with a pension. |
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Posted: 9/3/2015 10:35:27 AM EDT
[#29]
LOL
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Posted: 9/3/2015 10:36:10 AM EDT
[#30]
Quote HistoryQuoted:
If you're dumb enough to only have one retirement, you should be smart enough to church up cat food into a meal. Chicago's bond rating is somewhere in the neighborhood of Mexico's, so people believing that they somehow have head of the line privileges at the empty though when the going gets tough is, in the words of the great philosopher Jesus Quintana, "laughable." The only people I'll feel less sympathy for than the rabbit-ear-pants retirees are the people who've bought property there in the last 20 years. Quote HistoryQuoted:
Quoted:
Quoted:
Quoted:
They promised the cops and firefighters pensions, if it wasn't fiscally responsible to so what they promised, the politicians shouldn't have agreed to it during contract time. It's going to suck for property owners, but at least the politicians aren't bailing on the thousands of cops and firefighters who gave 25 plus years of their lives serving the residents. Good. This is now a pension thread where firemen and policemen are more deserving human beings than other people who work for bankrupt entities. So if the feds decide to default on military retirements because "we can't pay for it anymore", would you feel the same way? If you're dumb enough to only have one retirement, you should be smart enough to church up cat food into a meal. Chicago's bond rating is somewhere in the neighborhood of Mexico's, so people believing that they somehow have head of the line privileges at the empty though when the going gets tough is, in the words of the great philosopher Jesus Quintana, "laughable." The only people I'll feel less sympathy for than the rabbit-ear-pants retirees are the people who've bought property there in the last 20 years. Trust me, I am not planning on having my pension there when I retire, I view it as a nice to have when it comes to my retirement. That said in my FD we pay 7% of our salary into the pension system, and we don't collect SS. I will be mad as hell if I serve my community for 25 years and don't get the pension I was contractually promised and payed into. Just like I will be mad as hell if I don't get my .mil retirement. |
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Posted: 9/3/2015 10:36:58 AM EDT
[#31]
Quote HistoryQuoted:
I see a federal bail out in chicago's future... Posted Via AR15.Com Mobile Chicago specifically and IL in particular are probably past the meaningful bailout point. Not that Obama won't try, but just that it assumes that someone else will take the risk at mildly high price point. Not happening. We're talking about a state that routinely slow pays/no pays its contractors and won't pay out lottery tickets, now. |
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Posted: 9/3/2015 10:37:38 AM EDT
[#32]
Quote HistoryQuoted:
So that leaves two options, raise taxes for a period, or default on retirement payments. I agree neither are great options, but which is the lesser of two evils? Quote HistoryQuoted:
Quoted:
Lo Quoted:
Quoted:
Quoted:
They promised the cops and firefighters pensions, if it wasn't fiscally responsible to so what they promised, the politicians shouldn't have agreed to it during contract time. It's going to suck for property owners, but at least the politicians aren't bailing on the thousands of cops and firefighters who gave 25 plus years of their lives serving the residents. Good. This is now a pension thread where firemen and policemen are more deserving human beings than other people who work for bankrupt entities. So if the feds decide to default on military retirements because "we can't pay for it anymore", would you feel the same way? It doesn't matter how anyone feels, because: We Can't Pay For It Anymore. So that leaves two options, raise taxes for a period, or default on retirement payments. I agree neither are great options, but which is the lesser of two evils? The default and complete reneging on all of these types of programs, state and federal, is coming, and no "raising taxes for a period" will stop it. So, read my lips, no new taxes. 
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Posted: 9/3/2015 10:40:16 AM EDT
[#33]
Quote HistoryQuoted:
Seriously, are you high as fuck right now? Quote HistoryQuoted:
Quoted:
So that leaves two options, raise taxes for a period, or default on retirement payments. I agree neither are great options, but which is the lesser of two evils? Seriously, are you high as fuck right now? Are you? How else does government pay for shit besides taxes? And you never answered my question. If your view is defaulting on retirement is better, then that's your opinion and I respect it. I am not a fan of tax hikes as much as the next guy, but lets quit spending our money on welfare and the litany of other dumb shit the government spends money on first before we fuck over the people that served their community and actually contributed something to society. |
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Posted: 9/3/2015 10:41:17 AM EDT
[#34]
Quote HistoryQuoted:
Trust me, I am not planning on having my pension there when I retire, I view it as a nice to have when it comes to my retirement. That said in my FD we pay 7% of our salary into the pension system, and we don't collect SS. I will be mad as hell if I serve my community for 25 years and don't get the pension I was contractually promised and payed into. Just like I will be mad as hell if I don't get my .mil retirement. And you can join the ranks of steel workers and airline employees that didn't get what they were contractual promised, either. And zero fucks will be given. Contractual promises in bankruptcy court mean fuck and all. Once the entity declares (or is driven into bankruptcy, in the case of the steel and airlines) all bets are off, and you should not only prepare to receive pennies on the dollar, but if you've received a lump sum from the entity in question in the last 36 months, you should be prepared to disgorge all or some of that payout. All of the police and firemen on the planet shrugged Gary Coleman-like when pensions were raided. Guess what...its now their turn. |
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Posted: 9/3/2015 10:42:50 AM EDT
[#35]
Quote HistoryQuoted:
Trust me, I am not planning on having my pension there when I retire, I view it as a nice to have when it comes to my retirement. That said in my FD we pay 7% of our salary into the pension system, and we don't collect SS. I will be mad as hell if I serve my community for 25 years and don't get the pension I was contractually promised and payed into. Just like I will be mad as hell if I don't get my .mil retirement. Quote HistoryQuoted:
Quoted:
Quoted:
Quoted:
Quoted:
They promised the cops and firefighters pensions, if it wasn't fiscally responsible to so what they promised, the politicians shouldn't have agreed to it during contract time. It's going to suck for property owners, but at least the politicians aren't bailing on the thousands of cops and firefighters who gave 25 plus years of their lives serving the residents. Good. This is now a pension thread where firemen and policemen are more deserving human beings than other people who work for bankrupt entities. So if the feds decide to default on military retirements because "we can't pay for it anymore", would you feel the same way? If you're dumb enough to only have one retirement, you should be smart enough to church up cat food into a meal. Chicago's bond rating is somewhere in the neighborhood of Mexico's, so people believing that they somehow have head of the line privileges at the empty though when the going gets tough is, in the words of the great philosopher Jesus Quintana, "laughable." The only people I'll feel less sympathy for than the rabbit-ear-pants retirees are the people who've bought property there in the last 20 years. Trust me, I am not planning on having my pension there when I retire, I view it as a nice to have when it comes to my retirement. That said in my FD we pay 7% of our salary into the pension system, and we don't collect SS. I will be mad as hell if I serve my community for 25 years and don't get the pension I was contractually promised and payed into. Just like I will be mad as hell if I don't get my .mil retirement. You better starts taking anger management classes now, then. |
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Posted: 9/3/2015 10:46:00 AM EDT
[#36]
Quote HistoryQuoted:
And you can join the ranks of steel workers and airline employees that didn't get what they were contractual promised, either. And zero fucks will be given. Contractual promises in bankruptcy court mean fuck and all. Once the entity declares (or is driven into bankruptcy, in the case of the steel and airlines) all bets are off, and you should not only prepare to receive pennies on the dollar, but if you've received a lump sum from the entity in question in the last 36 months, you should be prepared to disgorge all or some of that payout. All of the police and firemen on the planet shrugged Gary Coleman-like when pensions were raided. Guess what...its now their turn. Quote HistoryQuoted:
Quoted:
Trust me, I am not planning on having my pension there when I retire, I view it as a nice to have when it comes to my retirement. That said in my FD we pay 7% of our salary into the pension system, and we don't collect SS. I will be mad as hell if I serve my community for 25 years and don't get the pension I was contractually promised and payed into. Just like I will be mad as hell if I don't get my .mil retirement. And you can join the ranks of steel workers and airline employees that didn't get what they were contractual promised, either. And zero fucks will be given. Contractual promises in bankruptcy court mean fuck and all. Once the entity declares (or is driven into bankruptcy, in the case of the steel and airlines) all bets are off, and you should not only prepare to receive pennies on the dollar, but if you've received a lump sum from the entity in question in the last 36 months, you should be prepared to disgorge all or some of that payout. All of the police and firemen on the planet shrugged Gary Coleman-like when pensions were raided. Guess what...its now their turn. Yep, agreed on all parts. That said the Chicago politicians (may fuck be upon them) are actually for once in their lives are trying to do the fiscally responsible thing here. Not that it won't harm the community and business in the process, but at least they are fulfilling their obligations (or at least attempting to). Sure, it will suck to live in Chicago even more now, but if you are still there and didn't see the writing on the wall for decades that taxes are going to go through the roof, then you're an idiot. |
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Posted: 9/3/2015 10:47:01 AM EDT
[#37]
Quote HistoryQuoted:
Are you? How else does government pay for shit besides taxes? And you never answered my question. If your view is defaulting on retirement is better, then that's your opinion and I respect it. I am not a fan of tax hikes as much as the next guy, but lets quit spending our money on welfare and the litany of other dumb shit the government spends money on first before we fuck over the people that served their community and actually contributed something to society. Quote HistoryQuoted:
Quoted:
Quoted:
So that leaves two options, raise taxes for a period, or default on retirement payments. I agree neither are great options, but which is the lesser of two evils? Seriously, are you high as fuck right now? Are you? How else does government pay for shit besides taxes? And you never answered my question. If your view is defaulting on retirement is better, then that's your opinion and I respect it. I am not a fan of tax hikes as much as the next guy, but lets quit spending our money on welfare and the litany of other dumb shit the government spends money on first before we fuck over the people that served their community and actually contributed something to society. Oh...I absolutely agree that the pensioners SHOULD have the first right to be made whole after the bondholders, and the welfare crowd should be queued up over at a soup line. But the idea that any tax raise is temporary is simply just not in the realm of possibility. We're seeing Chicago go down the road of Detroit. It might take 20 years, but there is no news business growth in Chicago. Basically, the city is going to go into a tax hike/economic collapse spiral. Illinois and Chicago pensions were just way too generous, and welfare state apparatus way too central to how the city runs and how the Democrats control it. |
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Posted: 9/3/2015 10:53:14 AM EDT
[#38]
Quote HistoryQuoted:
Oh...I absolutely agree that the pensioners SHOULD have the first right to be made whole after the bondholders, and the welfare crowd should be queued up over at a soup line. But the idea that any tax raise is temporary is simply just not in the realm of possibility. We're seeing Chicago go down the road of Detroit. It might take 20 years, but there is no news business growth in Chicago. Basically, the city is going to go into a tax hike/economic collapse spiral. Illinois and Chicago pensions were just way too generous, and welfare state apparatus way too central to how the city runs and how the Democrats control it. Quote HistoryQuoted:
Quoted:
Quoted:
Quoted:
So that leaves two options, raise taxes for a period, or default on retirement payments. I agree neither are great options, but which is the lesser of two evils? Seriously, are you high as fuck right now? Are you? How else does government pay for shit besides taxes? And you never answered my question. If your view is defaulting on retirement is better, then that's your opinion and I respect it. I am not a fan of tax hikes as much as the next guy, but lets quit spending our money on welfare and the litany of other dumb shit the government spends money on first before we fuck over the people that served their community and actually contributed something to society. Oh...I absolutely agree that the pensioners SHOULD have the first right to be made whole after the bondholders, and the welfare crowd should be queued up over at a soup line. But the idea that any tax raise is temporary is simply just not in the realm of possibility. We're seeing Chicago go down the road of Detroit. It might take 20 years, but there is no news business growth in Chicago. Basically, the city is going to go into a tax hike/economic collapse spiral. Illinois and Chicago pensions were just way too generous, and welfare state apparatus way too central to how the city runs and how the Democrats control it. I guess I was talking in idealistic terms, I know a "temporary" tax hike is about as likely as hell freezing over, especially in Chicago. But if we want balanced budgets as much as we say we want balanced budgets, sometimes tax hikes are necessary. That said they should be avoided as a last resort after cutting unnecessary bullshit first. |
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Posted: 9/3/2015 10:56:59 AM EDT
[#39]
Quote HistoryQuoted:
I guess I was talking in idealistic terms, I know a "temporary" tax hike is about as likely as hell freezing over, especially in Chicago. But if we want balanced budgets as much as we say we want balanced budgets, sometimes tax hikes are necessary. That said they should be avoided as a last resort after cutting unnecessary bullshit first. There is no "unnecessary spending" in a government budget. Everything in there is absolutely essential to governance, if you ask the right quorum of people. That how we got where we are, today. Over 50% of this nation believes that without a government transfer payment, we go all Lord of the Flies. |
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Posted: 9/3/2015 11:00:08 AM EDT
[#40]
Quote HistoryQuoted:
It doesn't. What I am saying is raising taxes is sometimes necessary and right because you promised to pay for shit. It doesn't mean it will make you and I the taxpayer happy, and some politicians will hopefully lose their job over it, but its the right thing for a responsible government to do. When you redo the retirement system and balance the budget you lower taxes again. I am all for lower taxes, but right now you sound like a democrat, you want great city services but you don't want to pay for it. Quote HistoryQuoted:
Quoted:
Quoted:
They promised the cops and firefighters pensions, if it wasn't fiscally responsible to do what they promised, the politicians shouldn't have agreed to it during contract time. It's going to suck for property owners, but at least the politicians aren't bailing on the thousands of cops and firefighters who gave 25 plus years of their lives serving the residents. Politicians lie about pensions they cannot hope to pay for and the voters choose to believe the lie. Tell me how this ends well. It doesn't. What I am saying is raising taxes is sometimes necessary and right because you promised to pay for shit. It doesn't mean it will make you and I the taxpayer happy, and some politicians will hopefully lose their job over it, but its the right thing for a responsible government to do. When you redo the retirement system and balance the budget you lower taxes again. I am all for lower taxes, but right now you sound like a democrat, you want great city services but you don't want to pay for it. I do not want great city services, I want all cities to live within their means. Pension promises are worth the paper they are written on. IOW, not much. You place too much faith on future politicians lowering taxes at some unspecified date. Does not happen. Chicago Area School District students scored an average of 17 on the ACT, the facility and staff averaged a 19. IOW, you have below average facility and staff teaching students who are even more below average. Chicago is a dead man walking, as are most of our Metropolitan areas. |
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Posted: 9/3/2015 11:00:37 AM EDT
[#41]
Quote HistoryQuoted:
So that leaves two options, raise taxes for a period, or default on retirement payments. I agree neither are great options, but which is the lesser of two evils? Quote HistoryQuoted:
Quoted:
Lo Quoted:
Quoted:
Quoted:
They promised the cops and firefighters pensions, if it wasn't fiscally responsible to so what they promised, the politicians shouldn't have agreed to it during contract time. It's going to suck for property owners, but at least the politicians aren't bailing on the thousands of cops and firefighters who gave 25 plus years of their lives serving the residents. Good. This is now a pension thread where firemen and policemen are more deserving human beings than other people who work for bankrupt entities. So if the feds decide to default on military retirements because "we can't pay for it anymore", would you feel the same way? It doesn't matter how anyone feels, because: We Can't Pay For It Anymore. So that leaves two options, raise taxes for a period, or default on retirement payments. I agree neither are great options, but which is the lesser of two evils? Defaulting on the retirements. Sets precedence that this shit will not happen again. You want a retirement? Save for one yourself like the rest of us do. No one is special. |
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Posted: 9/3/2015 11:03:30 AM EDT
[#42]
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Are you? How else does government pay for shit besides taxes? And you never answered my question. If your view is defaulting on retirement is better, then that's your opinion and I respect it. I am not a fan of tax hikes as much as the next guy, but lets quit spending our money on welfare and the litany of other dumb shit the government spends money on first before we fuck over the people that served their community and actually contributed something to society. Quote HistoryQuoted:
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So that leaves two options, raise taxes for a period, or default on retirement payments. I agree neither are great options, but which is the lesser of two evils? Seriously, are you high as fuck right now? Are you? How else does government pay for shit besides taxes? And you never answered my question. If your view is defaulting on retirement is better, then that's your opinion and I respect it. I am not a fan of tax hikes as much as the next guy, but lets quit spending our money on welfare and the litany of other dumb shit the government spends money on first before we fuck over the people that served their community and actually contributed something to society. The part in red will never happen until the part in bold does. You want it fixed at this point? Shits gotta burn. |
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Posted: 9/3/2015 11:03:52 AM EDT
[#43]
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Your taxes are $13,500 a year? ETA: To clarify, I know someone who pays about $4,500 a year in Cook (not Chicago) for a small one floor home with a tiny yard. Quote HistoryQuoted:
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It's about time. Currently, the multiplier used to calculate property values for tax purposes in Chicago is a third what it is downstate. So taxes on a home outside of Cook county are triple what someone in Cook pays. We downstaters have been bitching about this for years. I really have zero sympathy for them. I hope it goes though. Your taxes are $13,500 a year? ETA: To clarify, I know someone who pays about $4,500 a year in Cook (not Chicago) for a small one floor home with a tiny yard. Good Lord! I have a little over a half acre with around 2800 square feet and I pay a little less than $1k per year. |
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Posted: 9/3/2015 11:09:11 AM EDT
[#44]
All government pensions need to go to the same 401k system we in the private sector use.
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Posted: 9/3/2015 11:11:29 AM EDT
[#45]
Walker needs to blow the bridges and put the national guard on the border.
The Fibs are coming. |
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Posted: 9/3/2015 11:16:01 AM EDT
[#46]
I guess reducing cost ,and cutting wages of exsiting employees is too much.
Posted Via AR15.Com Mobile |
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Posted: 9/3/2015 11:38:24 AM EDT
[#47]
Quote HistoryQuoted:
They promised the cops and firefighters pensions, if it wasn't fiscally responsible to do what they promised, the politicians shouldn't have agreed to it during contract time. Politicians lie. They lie to voters. They lie to taxpayers. What makes you think that they don't lie to government employees? |
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Posted: 9/3/2015 11:46:14 AM EDT
[#48]
Quote HistoryQuoted:
All government pensions need to go to the same 401k system we in the private sector use. Agreed with salaries that match private sector jobs, promotion rates, benefits, and perks. My last private sector offer was for 275k for OCONUS work or 137 for DC based...plus bonuses. |
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Posted: 9/3/2015 11:47:35 AM EDT
[#49]
Quote HistoryQuoted:
Agreed with salaries that match private sector jobs, promotion rates, benefits, and perks. My last private sector offer was for 275k for OCONUS work or 137 for DC based...plus bonuses. Quote HistoryQuoted:
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All government pensions need to go to the same 401k system we in the private sector use. Agreed with salaries that match private sector jobs, promotion rates, benefits, and perks. My last private sector offer was for 275k for OCONUS work or 137 for DC based...plus bonuses. Either collectively bargain, or leave .gov service and take it. But saying that is somehow your federal rate is again, laughable. |
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Posted: 9/3/2015 11:48:50 AM EDT
[#50]
When you defer payments for years it eventually bites you in the ass
Quoted:
All government pensions need to go to the same 401k system we in the private sector use. No The 401K was never intended to be a primary retirement account when it was created. You guys in the private sector are being screwed and you're boasting about it |
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