Funding pensions: Try spending cuts, not another penny from taxpayers! (Guest column)
As you've heard me say numerous times, New Jersey lawmakers can't fix their problems on the back of the state's taxpayers.
Most recently, I’ve been asking New Jersey residents outraged over how much we already pay in taxes to join me — spread the world on Twitter and Facebook using #NoGasTax.
Whether it's the gas tax or funding for the state pension systems, before we ask NJ residents to dig any further into their pockets, we need to see how the current money is being spent.
Now, lawmakers want voters to decide whether to guarantee annual payments into public workers' pension funds
Former Assemblywoman Donna Simon agrees with me that our NJ residents don't have any more money to give the state. The fact that the Democrats aren't even full explaining to the public how the funding would work is outrageous!
Let Donna Simon explain why you don't want to vote for mandatory public payments to the employees' pension funds:
Funding pensions: Spending cuts, not another penny from taxpayers!
By Former Assemblywoman Donna M. Simon
It’s only fair that the State of New Jersey keep its promises to tens of thousands of
retirees regarding their pension payments. So it was no surprise when the respected Monmouth University Polling Institute recently conducted a survey that found more than 70 percent of New Jersey voters would support a proposed constitutional amendment, advanced by Trenton Democrats that would force the state to contribute to the public pension fund.
The problem is that the Democrats intentionally decided to hide key facts from taxpayers regarding their pension amendment and were quite literally trying to trick voters into supporting their amendment on the ballot.
Monmouth University Polling Director Patrick Murray said it best: “New Jersey voters support the principle of meeting our obligation to public employees, but it is not at all clear they understand how this Constitutional Amendment would “tie Trenton’s hands” and “they won’t understand it when they walk into the voting booth, since the wording of the proposed ballot questions and interpretive statement says nothing about these probably trade-offs.”
The trade-offs that Mr. Murray references – and that the Democrats willfully refused to disclose – are that mandating pension payments through the Constitution means pensions for public employees would take precedence over ALL other types of state spending – including: K-12 schools, roads/bridges, programs for seniors, veterans and the poor. Every one of those programs would be forfeited to pay the pension.
To put it another way, the special interests who control the Democrats legislative agenda want to constitutionally mandate that public employee pensions is the most important line item in our state budget. More important than children’s education. More important than the roads and bridges we travel on. More important than programs to help seniors, veterans and the poor.
It is no surprise that when voters learn the whole truth, their opinion shifts dramatically away from their original widespread support. In fact, the Monmouth University poll showed that when the facts are fully presented only 25% of voters would make the full pension payments while 63% would rather fund the schools. 28% would make the full pension payments while 58% would rather fund services for the poor. 30% would make the full pension payments while 59% would rather fund roads and bridges.
The Democrats will no doubt try to claim that the pension amendment won’t impact other services. However, the reality is that the only alternative to slashing valued programs and services would be a substantial increase in the sales tax and/or increase in our income tax. Even the Supreme Court saw this coming, which is why they ruled that forcing the full pension payments would strangle the rest of our state’s finances.
The bottom line is this: We have no more to give and neither will our children.
By bankrolling the Trenton Democrat’s legislative campaigns, the special interest power brokers have vast amounts of control over the Democratic agenda in Trenton and are assured of getting whatever they want regardless of the negative consequences to taxpayers. Their proposed constitutional amendment is terrible public policy, but unfortunately political power is more important to them than doing what’s right.
I urge everyone reading this to follow the money rather than letting Trenton take more of yours.
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