The day after Illinois Democrats voted to increase state income taxes on families by 67%, National Taxpayers United of Illinois President Jim Tobin brought his public pension revelation tour to McHenry County College in Crystal Lake.
“They’re voting to line their own pockets,” Tobin charged as reporters were looking at the list of the top fifty legislative pensioners.
It got better:
“They’re all self-serving greedy bastards lining their own pockets.”
“This was a structured vote,” Tobin explained, calling for the defeat of all legislative Democrats.
“I don’t care if they voted against the income tax or not. They cut deals all day long to allow those in competitive districts to vote ‘No.’”
McHenry County Democrat Jack Franks voted against the tax hike bill (SB 2505), but was incorrect in his prediction that such a bill would fail.
“These government pension are bankrupting the state,” Tobin asserted. “Most of the income tax will go to fund these pension increases,” he explained after distributing the names and amounts of McHenry County’s top pensioners in various public pension funds.
“That doesn’t even include the health benefits, which are over $100 million a year.”
Tobin said that forcing retired government workers to pay half of their health care premiums wold save $230 billion.
“Within ten years there will be over 40,000 receiving over $100,000 per year,” Tobin predicted.
Such a prediction is possible because public pensions have a three percent annual “cost of living” increase.
Tobin predicted another income tax hike.
“The income tax ten years from now will be approaching 10%.”
Tobin talked of the employee benefits of state policemen, whose primary job was “to work precincts.”
The tax fighter noted that he first noticed that when state policemen were tasked to work precincts for State Rep. Ann Hughes in a primary fight (against Steven Robert Verr).
“There were six state cops out working precincts,” he said.
Tobin pointed out that state policemen are allowed to retire at age 50 after twenty-five years, adding that if one lived to age 81, highly possible with their “low pressure” job, a pension would pay off $5 million.
An interesting back story was related.
Tobin’s 29-year old daughter, Christina, discovered that six GOP legislators planned to vote for the income tax hike. Four were state reps and two state senators.
Tobin claimed the pressure put on the four representatives was the reason Mike Madigan couldn’t pass the tax hike Sunday night.
“The Democrats obviously cut deals with other Democrats. I don’t know how much Madigan is bribing people.”
“Madigan is basically putting a nail in the coffin of the next governor of Illinois, Lisa (Madigan, his daughter, who serves as Illinois Attorney General).”
Tobin talked of the possibility of moving to his $300,000, 150-foot waterfront home in Wisconsin, “if the rate goes to 8-10%” in Illinois.
“All I have to do is change my residency.”
“If Wisconsin cuts their personal income tax rates, they’ll see more people like me paying Wisconsin income tax.”
Asked is retirement income should be taxed, Tobin said it should not be.
Even though it would be appropriate to tax pension income of retired government workers, he explained, most of the taxes would be imposed on private pensions.”
He pointed to the uniformity clause in the state constitution as the impediment to taking one type of retirement income, but not another.
“I myself will have to work until I drop,” Tobin said.
“They’re greedy, self-serving bastards…including those blood suckers over at Channel 11, Window To The World,” whom he pointed out get government subsidies.