“Social responsibility” activists want universities and pension funds to eliminate fossil fuel companies from their investment portfolios. They plan to spotlight their demands on “Global Divestment Day,” February 13-14. Their agenda is misguided, immoral, lethal … even racist.
Illinois may have only one opportunity to get pension reform right, and this proposal is not it. More than likely, this proposal will set back the true fundamental pension reform that is required to protect taxpayers from further tax hikes, give public employees more job flexibility, and put Illinois on a sustainable fiscal path.
While half dozen states are considering proposals to do away income or corporate taxes Minnesota’s tax and spend Governor Mark Dayton is proposing to increase taxes significantly. No one is[…]