1/23/2011

There you go again Governor Quinn. Went ahead and raised taxes instead of looking for cuts like the private sector

Illinois state income taxes just rose 40%. Quin raises my ire. He puts off the inevitable: Cutting the size of government. And he does this on the heels of a federal tax reduction on paychecks, as if to steal whatever stimulus was supposed to take place.

Take the money out of consumers and put it in the hands of big government to pay outrageous pensions that people like him approved in the first place. These pension plans are so far ahead of what people in the private sector get, it shows what amazing things you can do when you can tap into other people's money. On the Kudlow Report, Larry Kudlow proposed letting the states go bankrupt, then using this protection to renegotiate pension and other contracts. He says its going to happen anyway, why pour good money after bad while postponing it?

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