Truth Before Dishonor

I would rather be right than popular

Posts Tagged ‘Illinois taxes’

Maryland Follows Illinois And California Down The Toilet

Posted by John Hitchcock on 2012/07/09

Truth Before Dishonor has provided multiple articles following the tax-and-regulate schemes of Illinois and California, and the resultant business and people flight away from those Leftist-run states to far more tax-friendly states. We have also shown how the tax-friendly states have been far more economically successful than the Leftist tax-heavy states, in an article Le-gal In-sur-rec-tion named “Post of the Day”. We noted that Illinois’ Democrats — in a move showing even they know that tax increases are economically harmful — provided a major corporation with a 100 million dollar tax credit in order to keep the corporation in the state.

Now, from Hot Air comes the news about Maryland’s own tax-payer flight from high taxes. Yes, Maryland created a confiscatory “millionaire surtax” and, surprise of surprises, Maryland’s wealthy fled the state to places like income tax-free Florida. So, the “soak the rich” tax increase caused Maryland to lose tax revenue in huge chunks. Their decision to raise tax rates on the productive caused them to lose tax dollars in the coffers! Just like we TEA Party commonsense Constitutional Conservatives declared would be the case! Imagine that.

In other economic news, the 17 states that elected Republican Governors in 2010 all saw their unemployment rates drop, and at a faster aggregate rate than the nation as a whole, while the Democrat side cannot say the same thing. “Unexpected” by the “expert” economists, I’m sure.

It’s very clear which side is the more economically and budgetarily successful, so if you’re interested in improving our nation’s economic condition or budget condition, there is only one Party for which to vote. And they ain’t the donkeys.

Posted in Conservative, economics, Elections, Liberal, Philosophy, politics, society, Tax, TEA Party | Tagged: , , , , , | 4 Comments »

Chicago Union Bosses Get Huge Tax-Payer Pensions

Posted by John Hitchcock on 2011/10/13

The Lonely Conservative cites msnbc.msn.com for some outrageous Illinois dealings at a time when Illinois is having a hard time paying its bills.

A labor leader in Chicago is expected to receive pension payments of nearly $500,000 a year, while another could get about $438,000 a year, according to reports Wednesday.

The Chicago Tribune and WGN-TV, which obtained information about union pension benefits during a joint investigation, said at least eight union officials in Chicago were eligible for what were described as inflated city pensions on top of union pensions for the same period of employment.

The news organizations said this was due to “a charitable interpretation” of Illinois law by officials representing two city pension funds.

“Can you name any place in the world where someone can get two pensions for the same job?” state Rep. Tom Cross, a Republican, told the paper. “Even by our standards here in Illinois, it’s beyond belief. It’s insane.”

Chicago and Illinois are facing financial trouble, in part due to pension shortfalls.

Illinois, facing budget shortfalls, raised taxes massively this year. Right before the new Legislature was sworn in, a Legislature that wouldn’t raise the taxes. And by “right before” I of course mean at 3 in the morning on the day the new Legislature was sworn in. And immediately, the jobs began disappearing. Businesses have been pulling up stakes and leaving due to the tax increases and new taxes. Residents have been pulling up stakes and leaving.

The gargantuan tax increases passed by tax-and-spend Democrats are guaranteed to provide even fewer tax dollars. And yet Illinois sees its way to paying half a mil a year in tax-payer pensions to a Union Boss. Hey, OccupyWallStreet clowns, the pension of one Union Boss would be enough for 12 20-dollar-an-hour jobs and the pension of a second Union Boss would be enough for another 10 20-dollar-an-hour jobs. Why don’t you go stand out in front of the Union Bosses’ homes and yell and scream and poop on their cars and sit around naked with your pink hair and nose balls, while doing your drugs and complaining that nobody will hire you? Or maybe you can doodoo all that at the homes of the Democrats who caused it and allowed it to happen?

Posted in Character, economics, Elections, Liberal, Philosophy, politically correct, politics, society, Tax, TEA Party | Tagged: , , , , , | Comments Off on Chicago Union Bosses Get Huge Tax-Payer Pensions

 
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