"Temporary" Tax Hike = Permanent
- The 2011 state income tax increase would be made permanent and the receipts dedicated to pension payments under a plan floated Wednesday by state Rep. Lou Lang, D-Skokie.
Lang’s proposal also would require state workers to pay 3 percentage points more of their salaries toward their pensions, and the minimum retirement age to receive full pension benefits would be 67 for all five pension systems.
But Lang’s plan does not call for any reduction in pension benefits, something he said makes his plan constitutional. Other pension measures floated so far call for changes in cost-of-living adjustments to retiree benefits, something Lang said makes the bills unconstitutional.
A 3% wage cut while the economy staggers through a double-dip recession. Brilliant. That's the kind of forward thinking we expect from democrats.