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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Lizzie Tudor who wrote (13033)8/23/2003 5:02:25 PM
From: David JonesRead Replies (2) of 306849
 
....pay packages for police and fire....

My own brother has made over 160K a year the past several years as a fireman. His base is around 100k he'll retire with benefits and 90% of that base after 30 years on the job, he'll be 61. My good friend a fire captain will retire with 82% because he wishes to retire at 55. And other friends a Latinate with a police force is retiring in the next two years at 84% he'll be 52. He said that's plenty.

Now how long does the average non public employee have to work, at what age and what percentage of that persons previous wage do they get in the mail every month for the rest of their lives?

Retire after fifty, twenty years minimum, 3% for every year after twenty. Non of this possible pre 1999. Thanks to a 45 second discussion on the legislation's floor and a quick John Dow by our forward thinking governor.

And you say your for increasing the fire dept's budgets! Well then for people like yourself there's a S.F legislator that wants your vote. He's proposed a bill to establish a local income tax "10% of your current state income tax" for just that reason. So you'll have your Federal, State and Local income tax papers to prepare this coming April if such comes about. Great idea right?

Lets all sprout a third tit here in California, after all more tax is the answer. It's for a good cause to allow retirement of public servants that hold high school or AA degrees a comfortable life style after 20 hard years of public work.

And don't forget we still have to deal with the current shortfall. No problem there though just increase the State tax then we can increase this Local tax.

So it's a taxing we will go, a taxing we will go, HIGH ho the dairy o, the taxing we will go.
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