Monday, March 7, 2011

You Can't Forget About All Those Tax Cuts

Here's another angle on the alleged salary/pension crisis being faced by states that is being used to justify taking away collective bargaining rights.  In short:  tax cuts pushed through a decade or more ago were paid for by underfunding of pension obligations.  Now, surprise surprise, there is not enough money.  What's the answer?  Not revisiting the question of tax rates.  No, instead let's squeeze those lazy, overpaid teachers, firefighters, police, etc.

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