”Out of every dollar that funds Wisconsin' s pension and health insurance plans for state workers, 100 cents comes from the state workers. How can that be? Because the “contributions” consist of money that employees chose to take as deferred wages – as pensions when they retire – rather than take immediately in cash.” Thus, state workers are not being asked to simply “contribute more” to Wisconsin' s retirement system (or as the argument goes, “pay their fair share” of retirement costs as do employees in Wisconsin' s private sector who still have pensions and health insurance). They are being asked to accept a cut in their salaries so that the state of Wisconsin can use the money to fill the hole left by tax cuts and reduced audits of corporations in Wisconsin.” Taxpayers Actually Contribute Nothing To Public Employee Pensions. And since we're discussing Reagan: Ronald Reagan was the only president in American history to have belonged to a union, the AFL-CIO affiliated Screen Actors Guild. And he even served six terms as president of the organized labor group.
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