Please don’t confuse pensions with retirement income. We all will get SOCIAL SECURITY payments when we retire. I will get them when I turn 66. Workers in the future may have to wait longer but they will live longer also. We all can start collecting at 62 but at a much lower rate but then again, who knows how long we will live.
ANYWAY, OUR SOCIAL SECURITY RETIREMENT INCOME IS NOT TAXABLE.
Some people get pensions on top of Social Security payments. These payments were negotiated with an employer, usually through a union…most people don’t have pensions, they have Social Security and their savings to get them through retirement plus if they were lucky enough to enroll in a 401(k) which is a savings retirement plan that uses your pre-tax dollars as well as company contributions; pensions should be outlawed for any and all new employees.
The way I look at pensions is that they were benefits extracted by unions from their employers under threat of a strike. When it comes to public pensions, those given to public employees such as teachers, government workers, etc., I get really agitated.
To me public pensions are given by politicians to unions in payment for their votes. You do understand that the politician (usually a Democrat) does not use his own money to give out pension benefits; he uses our (taxpayer) money. Also, please remember most of us do not have pensions but our tax dollars award pensions to workers that ostensibly work for us.
To me, public employee pensions should be illegal because they are given in exchange for the price of a vote; you give us pensions and other benefits, we keep you in office…to me that is a crime.
So when Governor Snyder proposed to tax pensions (pensioners use public services that we pay for so why shouldn’t they pay for the same services) and got a whole lot of grief from those pensioners, I say fuck you; we can’t afford anymore of these free gifts most states don’t give. We are Michigan
My Republican state senator PATRICK COLBECK ran on a platform of throwing the spineless Democratic bums out and let me straighten out our state economy is now spineless himself, saying he will vote against taxing pensions…chicken shit!
No comments:
Post a Comment