Pension burden is clear in tax bills

In the words of Gomer Pile, “Surprise, surprise.” Talk about sticker shock. Our property decreases in value by 25 percent at least, but our tax goes up and up.

Take a look at the breakdown of your tax money. Look at what monies are distributed to the various areas. Take the amount of money for each area and the amount allocated for pensions. Then compare them from 2007 at about 27 percent to now, in 2010, at 43 percent. I wonder what it is for the state or federal. What will happen by 2015? Where is that pension reform that was promised to the taxpayers?

I know, let’s lower the Social Security, or is it time for privatization of their pensions? Can they say 401(k) like majority of taxpayers?

Edd Jarina

Rolling Meadows