Oooh, Linc Chaffee is on the case. Problem immediately solved. /sarc off
Gee, what’s the first thing that happens when a RI public servant retires? He/she moves away so they don’t have to pay RI taxes.
Perhaps they need to re-legalize prostitution in Rhode Island, this time taxing it to close the gap. But wait....would that be balancing the budge on the backs of the....?
Perhaps they need to re-legalize prostitution in Rhode Island, this time taxing it to close the gap. But wait....would that be “balancing the budge on the backs of the....”?
“Projected investment gains never happened. State actuarial projections failed to keep up with public workers retiring earlier and living longer.”
$$$$$$$$$$$$$$$$$$$$$$$$$
I would like to have seen these projections, and how proponents actually expected the math to work.
I rather suspect it was the unions and Govco workers basically saying, “Do as we say and no one gets hurt.”
Better sell those RI Muni bonds at the open tomorrow...
Before I escaped the corruptest little state in the union,
I dated a girl who worked for the state.
I once asked her “What’s orange and sleeps three?”
It went downhill from there.
Oh, and the answer is “A state truck”