Jim Tobin, A Friend Of Liberty (1945-2021)
May 2nd, 2022
The real purpose of Gov. Jay Robert “J. B.” Pritzker’s proposed “income theft amendment” on the November ballot is to shovel more taxpayer dollars into the lavish, gold-plated government pension funds that have made some retired government employees multi-millionaires, according to Jim Tobin, president of Taxpayer Education Foundation (TEF).
“The Illinois government pension system is a scandal,” said Tobin. “Pritzker’s proposal to change the state income tax into a graduated tax not only would decimate what’s left of the state’s middle class, but it’s real purpose is to pump more taxpayer dollars into the failing state pension plans. Government employees in the state have been retiring at a young age and have racked up huge pension payouts. That’s why Pritzker wants to raise state taxes.”
According to TEF’s analysis, the Pritzker amendment to the State Constitution would:
“Several years ago, Springfield Democrats passed a $5 billion income tax increase. They pumped every penny into the pensions of retired government employees!”
“Our foundation’s research has unearthed shocking examples of retired government employees who retired early and have become pension multi-millionaires at taxpayer expense.”
“It’s outrageous that taxpayers are being asked to fund the pensions of these multi-millionaire government retirees. Taxpayers better wake up before it’s too late. This November 3, they need to get out and vote!”