EVIDENCE THE WORLD DOESN'T MAKE ANY SENSE
A German guy, head of a large international corporation and a guy with multiple doctoral degrees, says dispensing of condoms in Africa actually INCREASES the incidence of AIDS--uh, OK, Popey. If you say so.
An Elegant, talented woman dies from a minor fall on a Bunny Hill.
The Governor of Illinois proposes nearly doubling the income tax rate in Illinois, invokes Biblical Tax Fairness and actually gets some cheers from legislators.
Perhaps all this will explain why my brackets become the inevitable greasefire.
posted by UMRBlog @ 05:33
4 comments
4 Comments:
Bring back Blago! Maybe he really was a good as Verne said he was.
Good lord no, that would be even worse. By the time he closed out this term, we'd be $25 billin in the hole.
I'm thinking here's what we end up with:
A tax increase (it's gonna happen, get used to it) to 3.75%. I don't think legislators will allow more--and they may demand less, like 3.5% (and we'll still have the lowest income tax rate of any of the surrounding states).
And they'll only allow it if there are lots of cuts, probably equal to 10% across the board (although in the end not distributed evenly in that way).
And I hate to disappoint the state employees, but you guys are gonna end up taking the biggest hit, either now through cuts or in the future in your pension benefits.
Nobody said life was fair, folks.
anon 1617,
Only thing I can add is that I suspect New State Employees will be on a defined contribution plan, rather than a defined benefits plan.
TYFCB
They should be on a defined contribution plan. That's the way the world works now.
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