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Comments posted by RWT

On Parkview votes keep Footville open, Newark closed next year

Posted on April 24 at 9:40 a.m. ( Suggest removal )

The referendum would have been an increase of over 5% in property taxes, 7% of school taxes. If Act 10 is used as designed in the Parkview district, they could put more tax dollars to work improving education rather than providing more benefits for state employees already getting benefits 38% better than MN teachers & 25% better than IL. Read more at maciverinstitute.com/2012/04/act-10-one-year-later/


On Statewide efforts under way to remove Walker from office

Posted on December 1 at 3:58 p.m. ( Suggest removal )

poobah!!! Get off that 'puter! It's time to wash your shorts! For crying out loud when will you start using the stool like normal kids your age?!? And stop eating all those sticky snacks at the desk! I don't have much more patience for this! I SAID NOW!


On City workers will receive merit pay

Posted on December 1 at 3:13 p.m. ( Suggest removal )

Eat chips poobah. If a married couple filing jointly exceed a taxable income of $69,000 the rate goes to 25%. It's in your link and this one too. Are you missing something?
http://www.savingtoinvest.com/2010/04/20...


On Milton OKs 8% tax rate increase

Posted on December 1 at 2:44 p.m. ( Suggest removal )

tikiman1, you know exactly why Walker had to cut state aid to communities. Doyle spent the Federal Stimulus money ($2 billion) on propping up the public workers and their unions. He also raided the state transportation fund of $1.3 billion, and then another $200 million from the medical malpractice fund! (and a few others too). Most of these monies were given to public unions throughout the state so local communities would not have to cut their staffs & lay off teachers, nor feel the pain of the recession that the private sector was (and still is) reeling from. In July, 2010 the Court ordered the medical malpractice money be returned, and that task fell on the back of Walker. Walker also has the task of re-funding the transportation dollars stolen by Doyle and the Democratic legislature. All of this coupled with the fact THERE IS NO STIMULUS MONEY LIKE THERE WAS IN 2009! And this whole mess inherited from the previous administration is why Walker and our legislatures were forced to cut aid to local communities.


On Janesville city workers will receive merit pay

Posted on November 30 at 4:03 p.m. ( Suggest removal )

Eat chips poobah.


On Janesville city workers will receive merit pay

Posted on November 30 at 3:39 p.m. ( Suggest removal )

poobah, stop pouting and grab yourself another bag of chips. I was only pointing out to all that the combined Fed & State tax rate easily hits 30% for most, if not, all public workers. Married filing jointly requires a minimum taxable income of only $69,000 to start being taxed at 25% just by the Feds. Now go back to your family and spend time with them instead of your computer.


On City workers will receive merit pay

Posted on November 30 at 1:48 p.m. ( Suggest removal )

What is the REAL cost of the pension contribution that public employees are asked to pay? Folks, because pension contributions are for retirement, this money is not taxed by the Feds or by the State. At a 30% tax rate (see following paragraph), that's about a 1.8% savings of the total 5.8% contribution. If the workers elect to stop paying union dues it will save them another 2%. In a nutshell their 5.8% gross contribution has a 2% net effect on their take home pay. So the city council now wants to 'reimburse' them 5.8% when they're really out only 2%, giving them a net 3.8% bonus over their gross pension contribution.
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Numbers don’t lie folks.
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A single taxpayer with taxable income of $34,500 & a married couple with $69,000 will hit the 25% tax bracket for federal tax alone. Add the state tax rate of about 5% to the federal tax rate of 25% (or more) and it puts total tax savings on the 5.8% pension contribution over 30% for most, if not all, public workers. 30% of the 5.8% total pension contribution is about 1.8%.


On Janesville city workers will receive merit pay

Posted on November 30 at 1:32 p.m. ( Suggest removal )

One more time… What is the REAL cost of the pension contribution that public employees are asked to pay? Folks, because pension contributions are for retirement, this money is not taxed by the Feds or by the State. At a 30% tax rate (see next paragraph), that's about a 1.8% savings of the total 5.8% contribution. If the workers elect to stop paying union dues it will save them another 2%. In a nutshell their 5.8% gross contribution has a 2% net effect on their take home pay. So the city council now wants to 'reimburse' them 5.8% when they're only out 2%, giving them a net 3.8% bonus. Numbers don’t lie folks.

And for the non-believer going by the name of ‘poobah’, a single taxpayer only has to make $34,500, a married couple only $69,000, to hit the 25% tax bracket for federal tax alone. Add the state tax rate of about 5% to the federal tax rate of 25% (or more) and it puts total tax savings on the 5.8% pension contribution over 30% for most, if not all, public workers.


On Janesville city workers will receive merit pay

Posted on November 30 at 10:42 a.m. ( Suggest removal )

youkillme, you know exactly why Walker had to cut state aid to communities. Doyle spent the Federal Stimulus money ($2 billion) on propping up the public workers and their unions. He also raided the state transportation fund of $1.3 billion, and then another $200 million from the medical malpractice fund! (and a few others too). Most of these monies were given to public unions throughout the state so local communities would not have to cut their staffs & lay off teachers, nor feel the pain of the recession that the private sector was (and still is) reeling from. In July, 2010 the Court ordered the medical malpractice money be returned, and that task fell on the back of Walker. Walker also has the task of re-funding the transportation dollars stolen by Doyle and the Democratic legislature. All of this coupled with the fact THERE IS NO STIMULUS MONEY LIKE THERE WAS IN 2009! And this whole mess inherited from the previous administration is why Walker and our legislatures were forced to cut aid to local communities.


On Janesville city workers will receive merit pay

Posted on November 30 at 9:59 a.m. ( Suggest removal )

poobah, most of the public workers have spouses that put them well into the upper tax brackets where the 5.8% contribution to their pension is reduced to 4%. It's obviously the workers choice to not pay unions dues. But numbers talk and the net tax effect on a smart public workers take home pay would be only 2%. You're trying to spin mathematics but that's impossible. Numbers are a universal truth.


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