Top 50 GA Pensions Reveal Million Dollar Payouts As Tax Increase Looms
CHICAGO–Jim Tobin, President of National Taxpayers United of Illinois (NTUI), today released the latest pension study of pension researcher Bill Zettler: the Top Fifty pensions received by former members of the Illinois General Assembly.
“Governor Quinn and the lame duck General Assembly are desperate to increase tax revenues any way they can to ensure that these outrageous, lavish pensions are available to themselves when they retire.Under the current pension program, General Assembly members are guaranteed to be millionaires if they can collect for only eight to ten years.Protecting this rite of passage has become their highest priority, despite the terrible financial situation in which most Illinoisans find themselves.Under the guise of securing the financial future of the Illinois general fund, Quinn and his conspirators are trying to push any tax increases that they can.”
“If Quinn can’t get HB 174with the 67% income tax increase through the house, he will push to get a 33% income tax increase passed.At the same time, there are efforts to increase the gasoline tax by an unknown amount, the cigarette tax by $1 per pack, and a new 7-10% sales tax on 39 services.The primary objective is to pump 15 billion taxpayer dollars out of taxpayer pockets and into the pension and payroll funds of the robber barons that are bankrupting the great state of Illinois, not to secure the financial future as they would have us believe.”
“Jim Edgar and James R. Thompson engineered the largest tax increases ever passed in Illinois. Arthur Berman was the author of the Berman Tax Increase Amendment. Dawn Clark Netsch never met a tax she didn’t like.”
“I urge members of the Illinois General Assembly to vote in the interest of the constituents they serve and not their own best interest.”
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