Read the following paragraphs, both from the same NYT article. First we have understating deficits for years (because of generous social programs and tax evasion).
Category: Observations on life
What do people do that drives you nuts, how do they behave that you find amusing?
What’s the right thing to do about public employee pensions?
I don’t know details about other states, but I do know about NJ and other states are in a similar pickle. The short of it
I lost all my retirement savings during the market crash in 2009
Really❓ Even though you can still find articles written about all the lost retirements, absent making poor decisions, that simply is not possible. If you
What the IRS data show
Following is the latest income and tax data from IRS filed tax returns. I suppose based on your point of view you can draw whatever
