LAKE COUNTY–A new report by the Illinois Taxpayers Education Foundation reveals that many Lake County retired government employees receive lavish, gold-plated pensions that far exceed average annual wages of workers in the private sector.
“These outrageous government-employee pensions are bankrupting the state pension funds,” said Jim Tobin, President of National Taxpayers United of Illinois (NTUI). “Gov. Patrick Quinn (D) just raised the state personal income tax 67% to pump taxpayer dollars into the state’s floundering pension programs.”
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Illinois Democrats have been lying about taxes. Back in November, the Chicago Sun-Times reported that House Speaker Michael Madigan (D-Chicago) promised not to pass a tax increase without Republican support. Yet not a single Republican in either the House or Senate joined the 90 Democrats who passed Tuesday’s income tax increase.
While campaigning for votes, Gov. Quinn lied, saying he supported a 1% increase in the income tax when he was really talking about a 33% increase, from a 3% to 4% rate. Yet the bill awaiting Quinn’s signature is an astounding 67% increase in the personal income tax.
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NTUI President Jim Tobin appeared on Fox Chicago News yesterday to discuss the income tax increase, and how it will cause businesses to flee and jobs to be lost, so that government workers can continue to line their pockets with lavish pensions. You can see the video here:
