Stephanie, you and yours owe a total of $24,400.00

Go down

Stephanie, you and yours owe a total of $24,400.00

Post by SamCogar on Fri Aug 14, 2009 11:04 am

CHARLESTON, W.Va. -- If the state had to settle up its nearly $11 billion in obligations for pensions and retiree health-care benefits for public school and state employees today, the bill would come out to about $6,100 for each resident of the state.

Helmick noted that when the Legislature extended Public Employees Insurance Agency coverage to retirees, the premium for family coverage was only about $85 a month. Today, that total premium can run as much as $2,000 a month.

"No one could see the future," he said. "So today, we owe $7.8 billion."

Administration Secretary Robert Ferguson said the $4,800 per-person liability for retiree PEIA benefits is the highest per-capita deficit for retiree health benefits in the country.

http://www.wvgazette.com/News/politics/200908110646

But Steph, your hub's obligated debt is much higher than that, ....... because I'm not going to pay my share.

Only the tax paying workers in the private sector will be forced to pay off that debt.

Technically, public sector workers don't pay any taxes, because their pay is derived from workers in the private sector. Just like Corporations and businesses don't pay taxes, the consumers pay for their taxes.



.

SamCogar

Number of posts : 6238
Location : Burnsville, WV
Registration date : 2007-12-28

View user profile

Back to top Go down

Re: Stephanie, you and yours owe a total of $24,400.00

Post by Stephanie on Fri Aug 14, 2009 11:52 am

Ah but the state is sticking it to you via sin & sales taxes, Sammy.

"No one could see the future" my butt.

_________________
Legitimate use of violence can only be that which is required in self-defense.
-Ron Paul
When one gets in bed with government, one must expect the diseases it spreads.
-Ron Paul
avatar
Stephanie
Admin

Number of posts : 6556
Age : 54
Location : West Virginia
Registration date : 2007-12-28

View user profile http://gazzfriends.forumotion.com

Back to top Go down

Back to top

- Similar topics

 
Permissions in this forum:
You cannot reply to topics in this forum