Thursday, June 23, 2011

Unfunded Government Pensions

I thought this was a good way to present the numbers:
U.S. state and local governments will need to raise taxes by $1,398 per household every year for the next 30 years if they are to fully fund their pension systems, a study released on Wednesday said.


Anonymous Sidney Cammeresi said...

Of course half of Americans don't pay taxes, so just dividing by the population is a bit misrepresentative. If you're a productive middle- or upper-middle-class person, you'd probably be paying 2-4x that number.

9:52 AM  

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