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Chicago: Are Pitchforks and Torches on the Way?
Pension Pulse
[Opinion] Aug. 5, 2016
"[T]he sad reality is while these taxes might help at the margin, they're not going to make a big difference unless they are accompanied by a change in governance, higher contributions and a cut in benefits (get rid of inflation protection for a decade!). There's an even bigger problem ... chronic public pension deficits are deflationary."
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