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Cook Co. Soda Tax Would Subsidize Lavish, Gold-Plated Pensions of Retired Cook Co. Politicians and Bureaucrats

James Tobin |  President

  (312) 427-5128 | (773) 354-2076

FOR IMMEDIATE RELEASE

October 10, 2017

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The Director of Outreach of Taxpayers United of America (TUA), today urged Cook County Commissioners to repeal the “soda” tax, saying most of the funds from the regressive tax would subsidize the already “lavish, gold-plated pensions” of retired county politicians and bureaucrats.
On November 10, 2016, the Cook County Board of Commissioners passed the “Cook County Sweetened Beverage Tax Ordinance.” The tax imposed is a one-cent-per-ounce on the retail sale of all sweetened beverages in Cook County.
“As of 2013, 276 Cook County pensioners were getting over $100,000 in annual pension payments,” said Val Zimnicki. “The average retirement age of these 276 retirees is only about 60, with an average estimated lifetime payout of $4.7 million.”
“I wish I could give you figures updated as of today, but the Cook County Board has been stonewalling us, and has not responded to our Freedom of Information request.”
“Cook County has some of the highest property taxes in the country and government salaries and pensions are the reason. Most of county spending is for salaries and benefits of the government employees. Furthermore, Cook County politician’s taxpayers elected have failed to reform the very system that siphons away our wealth for their own benefit.”
“Our 2013 study revealed some alarming figures.”
Click here to view the Top 200 Government Pensions as of 4/1/13 for Cook County.
Alon Winnie collected a taxpayer-funded annual pension of $330,323 and will accumulate a stunning $4,698,522
in lifetime pension payments. *”
John Barrett had an annual pension of $321,854. Having retired at only 58 years of age, he will enjoy a staggering estimated lifetime payout of $10,037,135. His contribution of the estimated lifetime payout would be only 3.8%. *
“James Stone, who retired at age 55, will collect at least $10 million in total estimated lifetime benefits.” *
“Roxanne Roberts, who retired at age 57, also will collect at least $10 million in total estimated lifetime benefits.” *
“It’s mathematically impossible to tax your way out of this problem. Illinois has more than 17,000 retirees collecting more than $100,000 pensions each year. Government pensions must be cut or the system will collapse.”
To see all 276 Cook County pensions visit our web site at taxpayersunitedofamerica.org.
*Lifetime estimated pension payout includes 3% compounded COLA and assumes life expectancy of 85 (IRS Form 590).

Bombastic Taxpayer Traitor St. Rep. David Harris Won’t Run For Reelection After Exposure By TUA

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James Tobin |  President 

  (312) 427-5128 | (773) 354-2076

FOR IMMEDIATE RELEASE

October 5, 2017

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CHICAGO—State Rep. David Harris (R-53, Mt. Prospect) announced on Oct. 3 that he will not be running for reelection. Harris had been strongly criticized by Taxpayers United of America (TUA) for betraying Illinois taxpayers and his own political party. The Republican “Taxpayer Traitor,” David Harris, had been named at a news conference on August 24, 2017, at the headquarters of Taxpayers United of America, 205 W. Randolph Street, Chicago.

The press conference was held after a TUA victory in Illinois House district 65, where St. Rep. Steven A. Andersson announced he would not run for reelection after being named “Taxpayer Traitor” by TUA.

David Harris and his nine fellow Republican traitors conspired with House Speaker and Chicago machine boss, Michael Madigan, to pass the largest permanent income tax hike in the state’s history, increasing the personal income tax rate to 4.95 percent from 3.75 percent, and the corporate income tax rate from 7.75 percent to 9.5 percent. You can be sure that most of the $5 billion from this latest income tax increase will be funneled into the state’s floundering government-employee pension funds, just like previous tax increases,” said TUA President Jim Tobin.

TUA had distributed “wanted” fliers for “crimes against taxpayers” with Harris’ picture on them at locations across the 53rd District, urging voters to “Throw tax traitor David Harris out of office on March 20th, 2018.”

WARNING: ANOTHER ILLINOIS STATE INCOME TAX HIKE IN 2018!

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CHICAGO—Springfield Democrats enacted the largest permanent income tax hike in the state’s history, raising the personal income tax rate to 4.95 percent from 3.75 percent, and the corporate income tax rate from 7.75 percent to 9.5 percent, but they are just getting warmed up, warned Jim Tobin, President of Taxpayers United of America (TUA). In 2018, Ill. House Speaker and Chicago machine boss Michael J. Madigan (D-22, Chicago), and Ill. Senate President John J. Cullerton (D-6, Chicago), plan on putting on the statewide ballot a proposal to convert the state’s already high income tax to an even higher graduated income tax.
“If put on the ballot, this income tax increase amendment to the state constitution will be presented to Illinois voters, and I can assure you that all state government employees, active and retired, will vote ‘Yes’ on this measure,” said Tobin.
Taxpayers United of America’s executive director, Jared Labell, added, “But sensible Illinois taxpayers will defeat any such proposal if the spend thrift politicians in Springfield attempt to force this disaster upon us.”
“If approved, as with previous state tax increases, almost all of the money will be pumped into the insolvent state pension plans for retired state-government employees.”
“These retired state-government employees are enjoying lavish, gold-plated pensions, while a person in the private sector, who may not have a company pension at all, must scrape by with an average annual Social Security retirement benefit of less than $17,000,” said Tobin.
“Nearly 100,000 Illinois government retirees collect annual pensions totaling $50,000 or more, and 17,000 of those former government employees collect annual pensions totaling $100,000 or more. This is outrageous.”
“These Springfield Democrats need to be taught a lesson. Illinois taxpayers, including those in the Democrat stronghold of Cook County, must call and write their representatives in the Illinois House and Senate and voice their opposition to any further increases in the state income tax. They must tell these highway robbers that if they support changing the state income tax to a graduated income tax, they will be voted out of office,” said Tobin.
Labell concluded, “And if every democrat candidate running for governor continues to advocate for a new disastrous graduated income tax for Illinois, taxpayers will revolt and insure their defeat at the ballot box in 2018.”

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Taxpayers United Of America: (TUA). is a nonpartisan, 501(c)(4) taxpayer advocacy group. Founded June 27, 1976 in Chicago, Illinois by activist and economist Jim Tobin, TUA works on behalf of taxpayers to reduce local, state, and federal taxes. In the past forty years, TUA has saved taxpayers more than $200 billion n taxes and has become one of the largest taxpayer organizations in America. Check All posts. s.

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