Something I read in the Buffalo News from a reader caught my attention regarding Public Employee benefits. Is it really true that the income public retirees draw from isn't taxed by NYS? Governments are experts at double and triple dipping, so it seems bizarre to me.
Let's talk briefly about the idea of taxpayers covering the losses of the public employee pension system. My own retirement account took a hit, as did the accounts of my father and grandmother. Now my Uncle, who is a retired teacher, his pension is "insured" as he calls it.
I don't like the idea of people who are suffering under oppressive taxes already, and who have their own retirements obliterated, mitigating the losses of what the government has deemed to be a preferred class of people. My uncle would say "A contract is a contract!" but recently I've come to learn the Chief Exec can just rip a contract up and piss on it. So, let it fly, fresh and stinky.
These brickheads in Albany never learn. Keep on taxing, keep on spending, watch jobs and people run away from us as fast as possible. Quick count of hands - how many people think if we only tax and spend some more, and bury ourselves in debt, that things might just work this time? I'll be voting with my feet.