Its time to pay up! The New Jersey State Pension Systems liabilities. The owed pension liabilities should be repaid by one time sales of state government, municipal government and government agency owned properties, (sales, not auctions) reducing state, municipal and government agency maintenance costs, earning taxable income on those properties and reducing indebtedness of the state, municipalities and agencies. It should be brought forward and voted on by the public in a public question. The public will be left holding the bag on this increasing debt and the public has enjoyed the lower taxes with enhanced services, all the while not having to fully pay for them. If the properties are needed in the future let a bonding issue be brought forward to vote on for the replacement of the properties now being sold to pay back the current pension liabilities. This allows the public more control on how expenditures are used in the future. Let the voting public to decide on the debt issue facing them, as it is compounding everyday and will eventually need to be resolved. KR
Posted on: Fri, 07 Nov 2014 22:01:39 +0000
Trending Topics
Recently Viewed Topics
© 2015