Note that the tax is being levied to offset the cost of the pensions being paid to city workers.
This is a very bad things IMHO. I live in a city where we are being taxed to death because of a city pension plan that pays its retirees far more than they ever made while working, and pays it until they die. Hey, at that rate, people live nearly forever with great health care and wanting for nothing. This is a preview of what will happen as social security really comes to a skidding halt. This has driven many corporations into bankruptcy (c.f., IBMs restructuring). I'm in sympathy with students struggling to get an education while some old folks are sitting around collecting fat checks for what? AARRGGH this hit a nerve with me. I am surprised that after the opening line about this none of the students quoted in the article brought this up again. Annette Annette Kujawski Taylor, Ph.D. Professor of Psychology University of San Diego 5998 Alcala Park San Diego, CA 92110 619-260-4006 [email protected] ---- Original message ---- >Date: Tue, 1 Dec 2009 09:00:55 -0600 >From: Rick Froman <[email protected]> >Subject: [tips] The latest idea to raise tax revenues >To: "Teaching in the Psychological Sciences (TIPS)" <[email protected]> > > > http://www.philly.com/inquirer/local/pa/20091201_Pittsburgh_tuition_tax_plan_stirs_student_fears.html > > > > Rick > > > > Dr. Rick Froman, Chair > > Division of Humanities and Social Sciences Box 3055 > > x7295 > > [email protected] > > http://tinyurl.com/DrFroman > > > > Proverbs 14:15 "A simple man believes anything, but > a prudent man gives thought to his steps." > > > > --- > To make changes to your subscription contact: > > Bill Southerly ([email protected]) --- To make changes to your subscription contact: Bill Southerly ([email protected])
