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Message

re: Mike Edmondson to get $128K retirement--state tax free--age 58

Posted on 3/28/17 at 9:06 am to
Posted by I B Freeman
Member since Oct 2009
27843 posts
Posted on 3/28/17 at 9:06 am to
we give educators huge leap payments--tax free.
Posted by CorporateTiger
Member since Aug 2014
10700 posts
Posted on 3/28/17 at 9:08 am to
quote:

Does the state treat a CEO differently than a "normal worker" for tax purposes??


The company doesn't treat me differently than a CEO for some purposes.

The state is free to offer whatever incentives it wants. If you drop this you would just see compensation going up to offset the liability.

quote:

I doubt it.


competent or good managers are a huge need in the private sector.
Posted by MrLarson
Member since Oct 2014
34984 posts
Posted on 3/28/17 at 9:09 am to
quote:

Edmondson--only 58--gets his pension for life


He's paid in 40 years.


Please explain to me at what age you think it is proper for an individual to retire?

Whether you realize it or not, your line of thinking is the same thing you rail against.
Posted by I B Freeman
Member since Oct 2009
27843 posts
Posted on 3/28/17 at 9:10 am to
quote:

Tell us, small gov guy...who else should pay more taxes?


anyone that through political clout are getting special tax treatment while the rest of us pay more than we would have too if they were not getting the special treatment.

quote:

They could pay them more and require taxes be paid.


Or they could simply tax them and lower the taxes on the rest of us. Nobody ever pays me more because a politician raised taxes.

We are not talking small change here.

We pay our $4 billion a year to pensioners and I suspect the feds pay a number not too far from that in federal pensions in Louisiana.

Posted by doubleb
Baton Rouge
Member since Aug 2006
36058 posts
Posted on 3/28/17 at 9:10 am to
quote:

Police Chief just retired in KCMO and he got over $500k in sick leave buyout, we're not even talking about monthly retirement payout....., fricking sick leave buyout!!!!


I appreciate public servants, but the public can't afford all of this.

Stuff like this indicates just how corrupt the system is FOR public workers. I'm not saying the police chief did anything wrong, but the system rewards the people who gain high ranks because of who they know, and blesses them with these big buyouts and big pensions way more than any private sector worker would get.
Posted by Midget Death Squad
Meme Magic
Member since Oct 2008
24582 posts
Posted on 3/28/17 at 9:10 am to
quote:

Stupid statement on your part.



Screw you. You are bitching about a Police Officer, who has a long career of putting his life on the line daily so you can freely roam the streets with your smug attitude, receiving a tax free pension? Yet you say I make a "stupid argument" by pointing this out? No, you're just a daft pussy.

If you want to bitch about mailmen and clerks, then go right ahead; those are valid points. Lumping what police officers and firefighters do with these people is dishonest and extremely dishonorable. It's even worse when you cry about them on a message board sitting behind your desk in your air conditioned office.
Posted by I B Freeman
Member since Oct 2009
27843 posts
Posted on 3/28/17 at 9:12 am to
quote:

Please explain to me at what age you think it is proper for an individual to retire?


I don't care when a person retires BUT if you are going to exempt a person from state income tax because social security recipients are exempt on the amount they receive from social security then at least make them wait to the age to get their tax exemption until the age social security people get their exemption.

What is wrong with that?

Why can't you limit state pensioner exemptions to the maximum available under SS and tax the rest??

What is wrong with that?
This post was edited on 3/28/17 at 9:16 am
Posted by doubleb
Baton Rouge
Member since Aug 2006
36058 posts
Posted on 3/28/17 at 9:13 am to
quote:

He's paid in 40 years.


Exactly, but how much did he pay in? Enough to justify a six figure a year salary? I doubt it.

quote:

Please explain to me at what age you think it is proper for an individual to retire?


At whatever age his plans allows him to retire, and I'm sure his plan permits early retirement.

I have no issue with early retirement, or retiring and being compensated according to what he put in to the plan. I do have a problem that state retirees pay no La. state income taxes while other retirees in La. do.
Posted by I B Freeman
Member since Oct 2009
27843 posts
Posted on 3/28/17 at 9:15 am to
Well midget why ever tax them in your book???

Posted by doubleb
Baton Rouge
Member since Aug 2006
36058 posts
Posted on 3/28/17 at 9:16 am to
quote:

If you want to bitch about mailmen and clerks, then go right ahead; those are valid points. Lumping what police officers and firefighters do with these people is dishonest and extremely dishonorable. It's even worse when you cry about them on a message board sitting behind your desk in your air conditioned office.


Wrong, police officers and firefighters are lumped in with clerks, janitors, and all municipal retirees.

If you want to separate police and firefighters from the rest, fine. I can live with that. I agree they do risk their lives and it would be a good way to reward them; however, that's not what we do. We treat them the same as all other state retirees.
Posted by dwr353
Member since Oct 2007
2130 posts
Posted on 3/28/17 at 9:16 am to
Have an up vote sir. His mantra is always the same. A gov worker must have run-off with his wife. I am still waiting for him to tell me how I am better off with a 2% state tax saving.
Posted by BBONDS25
Member since Mar 2008
48440 posts
Posted on 3/28/17 at 9:16 am to
Like I said. You love you some taxes. Always advocating for others to pay more. I've never seen you advocate for you to pay more. Sounds....almost...like....a democrat.
Posted by navy
Parts Unknown, LA
Member since Sep 2010
29049 posts
Posted on 3/28/17 at 9:17 am to
quote:

vast majority of people would and could never do.


LOFL ... yeah, private sector life is a cakewalk compared to the rigors of do-nothing government teat jobs.


quote:

For him, the chance to work hard


Yeah ... sure, he did.
Posted by LSU12223
Member since Sep 2016
1482 posts
Posted on 3/28/17 at 9:17 am to
quote:



There has to be an incentive for people to do certain jobs. For him, the chance to work hard and be able to take care of his family was it.

To do certain jobs, and use our tax money to go on vacation? I'm no lawyer, but i do believe that is illegal.
Posted by Midget Death Squad
Meme Magic
Member since Oct 2008
24582 posts
Posted on 3/28/17 at 9:19 am to
Don't. If you are military or law enforcement, then you should be tax exempt. Those careers should be unique from all others.


ANYONE who chooses a job in which they put their lives between murderers and Freemans should be rewarded in special ways. Tax exemption is a great start. If it weren't for these people, you would not be able to honestly use your tigerdroppings name
Posted by I B Freeman
Member since Oct 2009
27843 posts
Posted on 3/28/17 at 9:19 am to
quote:

I am still waiting for him to tell me how I am better off with a 2% state tax saving.



How are the rest of us better off giving you an exemption from state income tax???

It is 6% BTW.
Posted by mylsuhat
Mandeville, LA
Member since Mar 2008
48945 posts
Posted on 3/28/17 at 9:20 am to
Then go out there and serve as a state trooper and work your arse to the top of command if you think it's such a cake walk, chump
Posted by CorporateTiger
Member since Aug 2014
10700 posts
Posted on 3/28/17 at 9:23 am to
quote:

I appreciate public servants, but the public can't afford all of this.


The public can't afford a lot of thing much more than this.
Posted by I B Freeman
Member since Oct 2009
27843 posts
Posted on 3/28/17 at 9:24 am to
quote:

The company doesn't treat me differently than a CEO for some purposes.


What company has taxing power?

quote:

The state is free to offer whatever incentives it wants. If you drop this you would just see compensation going up to offset the liability.



Then we can simply vote them out. The state is not "free" to do anything in the long run. It routinely tramples the tax payers for the benefit of the political powerful and for the benefits of itself but ultimately we can change government.

Should a particular race not pay income tax because they are of that race? then why should a class a workers not pay income tax because they retired somewhere the rest of us did not?

State retirees that expect to be treated differently than private retirees from an income tax standpoint are really greedy, small minded individuals.
Posted by Bass Tiger
Member since Oct 2014
46152 posts
Posted on 3/28/17 at 9:25 am to
quote:

Then go out there and serve as a state trooper and work your arse to the top of command if you think it's such a cake walk, chump




It's not a cake walk but the problem is how people who work in positions that are funded by taxpayer dollars are now getting better pensions and retirement packages than the working stiffs that pay the taxes to allow this bull shittee.
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