No new taxes, just fees
Another Team Obama member, Chicago Mayor Rahm Emanuel, has come up with a very clever way to turn the public against public employees – by hitting them with huge fees on their phone bill to fund pensions. Gibbs, Emanuel, former chief of staff Jeffrey R. Immelt … does anyone else see a pattern here?
Chicago would raise a monthly emergency service surcharge on phone lines to free up $50 million in operating funds to increase its payments to two city pension funds under a proposed ordinance introduced last Wednesday. Mayor Rahm Emanuel and 36 city council members backed the ordinance, which would increase the current surcharge, generating an additional estimated $12 million this year and $40 million next year. The measure would allow Chicago to avoid a hike in property taxes, which are largely used to fund the city’s four retirement systems.
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