By Tristan Fitzpatrick, includes “As routine as the changing of the seasons, every year, Truth in Accounting (TIA) produces a new report which declares that taxpayers across the country will somehow have to foot a huge tax bill immediately to pay for their state’s unfunded pension liabilities. … Furthermore, the National Institute on Retirement Security has found that public pensions actually benefit taxpayers, as they generated $202.6 billion in federal, state, and local tax revenue in 2016. …” (Note: A Morning Call reader's reaction to this article was "OH FOR xxxx'S SAKE 'It's not all due at once!' Yes, we know, you deliberately deceptive idiots. Some of us know what a balance sheet means. JEEZ")
Read the full article on: National Public Pension Coalition