Trump’s Tax Plan Benefits Pensioners

State Retirees, Retired Teachers and Others
Receiving Pensions Likely To Benefit from Trump Tax Reform

The General Assembly Retirement System sent McHenry County Blog an email that said the amount deposited in accounts each month will probably be larger next month.

As those who receive retirement income know, state government does not levy the income tax on it.

(And, if it ever does, as some candidates for the Democratic Party gubernatorial propose, don’t be surprised at the number of retired folks who will leave Illinois.)

If net payment increases as a result of the income tax bill signed by President Donald Trump, the odds are good everyone getting a state pension will see higher net pension payments.


Trump’s Tax Plan Benefits Pensioners — 14 Comments

  1. Cal lives off a pension from Illinois so he will benefit from this raise.

  2. Build the WALL
    Build it TALL
    Deport them ALL
    And don’t forget to vote for Ives – MAGA !

  3. God bless the United Sheishhhhh…moving truck anyone?…tic, toc, tic, tock, tic, tock…

  4. seeing nob’s post made me think of the often posted picture of cal holding a pig. all for 24 years of of what ever he did.

  5. In the eyes of compassionate conservatives, trashing public school teachers’ pension is patriotic accountability and transparency, but criticizing the hypocrisy of an irresponsible charlatan making a buck with a blog while also collecting a pension is jealousy. Nonsense you will only see in our sunshine blog…tic, tock, tic, tock, tic, tock…

  6. Thanks to our sexual-assaulter-in-chief tronald chump, the stock market is doing better than ever guaranteeing wealth and prosperity to all Americans for many generations to come… Wait! What was that? Last week the stock market what? Today what!? In other news, cat ownership in McHenry county is doing better than ever…stay tuned…tic, tock, tic, tock, tic, tock…

  7. Can you hear the blue wave coming your way? Lean forward. Repeat after me: “Speaker Pelosi, speaker Pelosi, speaker Pelosi.” Stay tuned…tic, tock, tic, tock…

  8. Sean Hannity helped me to figure all this out. The Dow Jones Industrial Average Index going down again over a 1,000 points is Obama’s fault. Stay tuned…tic, tock, tic, tock, meow, meow, tic, tock…

  9. Angel? Are you so stupid that you do not realize that the stock market is CONTROLLED by the deep state? Who is the deep state?

  10. Our sexual-assaulter-in-chief disagrees…tic, tock, tic, tock…

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