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In case you didn't realize it, that costs the states money, and money is what states don't have.
by notdrunkatall 14y ago
In case you didn't realize it, that costs the states money, and money is what states don't have.
- LockeWatts 14y agoThe states can find other things to cut than middle class benefits.
- rayiner 14y agoLike what? E.g. in Chicago, the infrastructure is crumbling so that teachers can get paid far more than they would earn in the private sector given their qualifications, meanwhile getting 13 weeks off each year.
- rdl 14y agoIt's entirely possible for a state to have reasonable policy w.r.t. current and future expenses given a certain tax base, then lose that tax base and get stuck with unsupportable obligations. If NYC became Detroit over a period of 10 years, just pension liabilities would destroy it going forward.
- Niten 14y agoIn case you didn't realize it, tax rates closer on par with other developed countries are a perfect solution to that problem.