Wiseacre
Retired USAF Chief
- Thread starter
- #41
Again, if a city can't meet its obligations, it has two options. The first is to cut the obligations and the second is to get more to pay them. None of you are even acknowledging the second option.
And you and your lefty friends won't acknowledge the first option. For God's sake man, do you not realize that you can't raise taxes anywhere near enough to pay for those pensions? From $73 million 10 years ago to $245 million last year in San Diego, what'll it be 10 years from now if they didn't restructure? People and businesses are already leaving CA in droves, and you want to raise taxes more than they already are? Jesus, it's incomprehensible how detached you are from reality.
See above.
I didn't say anything about raising taxes.
Saw it, after I wrote my post. So tell me, how could those cities raise that much extra revenue without a tax increase of biblical proportions?