Posted on 01/14/2011 8:04:07 AM PST by Tom Rounder
Those in the fortunate group at the very top take in at least $8,000 a month—$96,000 a year. If any exclusive club has reason to celebrate the huge income-tax hike, this is it.
Five years ago, 860 retired educators collected that much from their state pensions. As of fiscal 2010, the number had more than tripled to nearly 3,000 retirees. Those ranks will grow in the years ahead as rising salaries translate into more lavish pension payouts. We're just talking about educators here. There are many more retired public workers collecting from Illinois. The state, by the way, doesn't tax pension income.
(Excerpt) Read more at nalert.blogspot.com ...
What’s funny and ironic about this item in the leftist Trib is that they are now attacking the very folks who greatly aided the spread of the “progressive” ideology by indoctrinating the last generation in the government schools.
If they keep that up, they’ll soon have NO readers. And that will be a good thing but it’s NOT the Chicago Way.
But... its for the kids!
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