Democrat Hack Zalewski Prevents TUA Spokesman Zimnicki From Testifying At Committee Hearing

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CHICAGO—The Chairman of the Illinois Revenue & Finance Committee, Democrat hack and Madigan puppet, Michael J. Zalewski (D-23, Riverside), refused to allow TUA Director of Outreach, Val Zimnicki, to testify against the proposed state Income Tax Increase Amendment at a Chicago hearing on Wednesday, May 2. This bill, HR 1025, filed by Ill. House Speaker and Chicago machine boss Michael J. Madigan (D-22, Chicago) calls for a graduated state income tax increase for Illinois.
Zimnicki was registered to be among those giving oral testimony in opposition to this state tax increase.
Over 2150 witness slips had been filed to present oral testimony, written testimony, or have record of appearance in opposition to this huge state tax increase.
Zalewski allowed only supporters of the bill to testify before the committee. No speakers opposed to the income tax increase were able to testify, and Zimnicki initially was informed that he was not on the list to testify. After further questioning, it was revealed that he was indeed on the list, but was not given a date and time. It was stated that if TUA was to be heard, it would likely be in Springfield, IL, a 200-mile trip from the May 2 meeting in Chicago.
Zalewski also is a chief co-sponsor of HR 1025. This abuse of power occurred with the support of notorious Taxpayer Traitor David Harris (R-53, Mt. Prospect), who was the Republican Spokesperson for the Committee and who voted to raise the Illinois State Income Tax by $5 Billion dollars.
Despite this silencing of Taxpayers, TUA will continue to spread its message of opposition to higher taxes to fund lavish, gold plated pensions for retired government employees. The Director of Outreach’s written statement can be found below.
“Honorable Chair, and members of the Revenue and Finance Committee, I am Val Zimnicki, Director of Outreach for Taxpayers United of America.
As I look down the road toward retirement, I am struck by how unfair the current Illinois pension system is to the middle class.
As someone who works in the private sector, the most retirement income I can look forward to is about $17,000, from Social Security—if I am lucky to get that much.
In contrast, retired government employees receive lavish, gold-plated retirement benefits, and, as an Illinois taxpayer, I am forced to pay for these benefits through the state income tax.
The current, unsustainable state pension system has created many pension millionaires among retired government employees.
Former Illinois Governor Jim Edgar (R), no friend of taxpayers, is rolling in money, thanks to these Illinois government-employee pension plans. Mr. Edgar gets an Illinois General Assembly pension of $166,000 per year, a State University Retirement System pension of $83,000 per year, and is currently hired-back “part-time” by the University of Illinois for another $62,796 per year—pulling in more than $312,000 per year.
Former Governor Edgar is a pension millionaire. Former Governor Quinn (D) is a pension millionaire. Former Governor Thompson (R) is a pension millionaire. These three so-called ‘public servants’ are going to receive a total of $11,388,000 in pension payouts over their expected lifetimes.
I am paying for their extravagant retirements, because most of the money from the recent state income tax increase is being poured into the insolvent state pension funds that send monthly checks to them.
The State of Illinois is functionally bankrupt, and government-employee pensions are to blame.
Illinois taxpayers are voting with their feet. In 2017, the number of people moving from Illinois to states with lower taxes outstripped arrivals by 115,000. And it will get a lot uglier if the proposed state Income Tax Increase Amendment is passed.
If the state income tax, now a flat tax, is converted to a graduated state income tax, the exodus from Illinois by the middle class will become a stampede. The state will literally go under financially.
It is impossible for the state to tax itself out of its current downward spiral. There is not enough money to go around to pay for its current unfunded pension liabilities of more than $130,000 billion.
There is a solution, and it also involves a state constitutional amendment. The current Constitution must be amended to allow for reasonable decreases in pension benefits for retired government employees.
In addition, all new government hires must be placed in 401(k)-style pension plans, so there will be no increases in the current unfunded pension liabilities.
Thank you for your attention.”
 

Taxpayers Call For Cook County Pension Reform


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Chicago – Val Zimnicki, the Director of Outreach  for Taxpayers United of America’s (TUA), today spoke before the Cook County Board. In his speech, he urged the board to reform the Cook County pension system.
“Cook County finds itself in the same dire condition as the state’s government-employee pensions funds,” he said. “The cause is the same: a lavish, gold-plated pension plan that allows county bureaucrats to retire early and collect huge pensions for decades for doing nothing. It is mathematically impossible for Cook County to tax its way out of this problem.”
According to publicly available sources, it is stated that the Cook county pension fund was only 60% funded, creating a $6 Billion unfunded liability. However, it was recently revealed through FOIA requests that the fund was just 36% funded and  the unfunded liability was really $15.3 billion as of December 31, 2015.
“Until the Illinois Constitution is amended to allow pension benefits to be reduced, there can be no short-term solution to the bankrupt county pension system. There is a solution, but it is more of a long-term solution, so the sooner this reform is started, the more notable will be the results. Eventually, as the current county retirees pass from the scene, the county pension plan will recover.”
In his speech, the Director of Outreach offered solutions the board to help prevent a looming pension crisis.
“All new county hires must be put into their own retirement plans, such as 401(k)s. They must plan for their retirements outside of the county pension plan. A 401(k) is a feature of a qualified profit-sharing plan that allows employees to contribute a portion of their wages to individual accounts. Elective salary deferrals are excluded from the employee’s taxable income. Furthermore, employers such as you can contribute to employees’ accounts.”