Article

2019-02-19 Economy

Illinois may tax private retirement funds to pay public worker pensions

Archived material is restricted to Rantburg regulars and members. If you need access email fred.pruitt=at=gmail.com with your nick to be added to the members list. There is no charge to join Rantburg as a member.

Posted by g(r)omgoru 2019-02-19 17:34|| || Front Page|| [9 views ] Top

#1 Pitchfork time

Posted by newc 2019-02-19 17:52|| 2019-02-19 17:52|| Front Page Top

#2 Politicians elected with government employee union monies make a pension pact to fleece the taxpayer for whom they had no interest in fiduciary responsibilities in the end. Such pacts are invalid because of the clear conflict of interest.

Posted by Procopius2k 2019-02-19 19:15|| 2019-02-19 19:15|| Front Page Top

#3 And they think they have population flight and revenue issues now....

Posted by DarthVader 2019-02-19 19:16|| 2019-02-19 19:16|| Front Page Top

#4 Such pacts are invalid

Hah. It's only invalid if all the courts and pols agree. Don't hold your breath.

Posted by AlanC 2019-02-19 19:24|| 2019-02-19 19:24|| Front Page Top

#5 Why Bawney Fwank floated the trial balloon of replacing 401K $ with IOUs "guaranteed by the Gubbamint"

Posted by Frank G 2019-02-19 19:25|| 2019-02-19 19:25|| Front Page Top

#6 Yeah, Commodore Frank. Argentina did the same thing and then welshed on govt bonds when they went bankwupt.

Posted by Alaska Paul 2019-02-19 19:27|| 2019-02-19 19:27|| Front Page Top

#7 I see whut you did there

Posted by Frank G 2019-02-19 20:33|| 2019-02-19 20:33|| Front Page Top

22:16 JohnQC
22:10 rjschwarz
21:37 Anomalous Sources
21:24 Flomp Unusoling7393
20:33 Frank G
19:30 newc
19:27 AlanC
19:27 Alaska Paul
19:25 swksvolFF
19:25 Frank G
19:24 AlanC
19:21 AlanC
19:21 swksvolFF
19:19 AlanC
19:16 DarthVader
19:15 Procopius2k
18:38 Bright Pebbles
17:52 newc
17:48 Bright Pebbles
17:46 Bright Pebbles
17:21 Warthog
17:17 swksvolFF
17:09 gorb
17:06 g(r)omgoru