And the unintended consequences are... Those who can move away to a location where the levy is not present will. Thereby lowering the taxable base once again.
Just figure out a way to not pay them the benefits. The taxpayers had no say in the matter.
The MSM never explain to voters the cost of Public Employee Unions.
Douglas County CO, now has open negotiations with Teachers Unions and School Boards.
“they” don’t like that much.....
This is a really compelling way to put it because it spells out exactly what happened.
The teacher's union steamrolled the St. Paul government into making them a contractual promise it did not have the wherewithal to uphold. So guess what, taxpayers, now the teacher's union is coming after you, directly.
And when you fuss and fret about your property tax going up, remember again who it was who voted the politicians into office who made this terrible deal with the teacher's union. Look in the mirror. All that happy liberal horsesh*t you voted for is now coming home to roost.
$13 million grabbed from “property owners”, only another $396 million to go
How about giving politicians, administrators and bureaucrats that approved these retirement plans the tab for what they have done? Seems fair.
Actually this is an more honest way of doing it. And then voters can decide if they want to pay that specific tax to fund those pensions on election day when they vote.
Typically both parties do their best to make sure that voters cant tell what exactly they are paying for, by mixing up spending on things they want and don't want and having all taxes to pay for it go to a general fund.
Look at how social security and Medicare were sold as specific tax funded independent programs, but both have evolved such that they are both funded out of general revenue which comes from the treasury issuing more debt, and both parties outright lie and say they are still fully self funded. They lie because voters almost demand that they do, "Please lie to me and tell me it's free"