DB2
Personally Iâm surprised anyone wants to be a teacher anymore. The pay isnât great. The parents think you are just indoctrinating their children. There seem better ways to make a living than putting up with all that.
1 Like
The US average is $69K, and that is for a 9-10 month work year. Annualized, that is $87K (77th percentile of individual incomes).
DB2
2 Likes
They may only be 1% of the tax returns, but according to the article they have over 20% of the taxable income in the state. Given a progressive tax rate, paying 40% of the taxes doesnât seem outlandish to me.
4 Likes
LOL. It isnât for 9-10 months of work. You canât âannualizeâ their annual income like it was only a 10 month CD that you can reinvest for another 2 months.
If their average ANNUAL income is 69k, then it is 69k, not 87k.
And, if you ever want to know the state of teaching, just ask one if they would recommend that their children take up the profession.
Hawkwin
Married to a teacher who would likely divorce me if I claimed she only worked 9-10 months a year.
5 Likes
From December:
New projections out this week after planning cuts:
The fiscal year beginning this July will bring a $245 million deficit, with a $555 million shortage expected the following year. If the city doesnât take corrective action, according to forecasts, that shortage will grow to a nearly $1.4 billion deficit by 2027.
DB2
1 Like
In Illinois they are admitting to program limitations.
Promoting the taxpayer-funded $250 million Smart Start early childhood education initiative, Gov. J.B. Pritzker said the state will have to balance such future spending with other pressures.
âAnd, if we donât have enough resources for everything that everybody wants, what can we look to do in the future or what should we stop doing in order to make sure that weâre balancing expenditures with revenues,â Pritzker said at an event in Rochester ThursdayâŚ
The current budget includes $550 million for the health care subsidies for non-citizens in Illinois over the age of 42, but the projected annual cost from the Illinois Department of Healthcare and Family Services is $832.7 million. The Pritzker administration announced a freeze of new enrollees last year to help shore up those costs. Those costs are on top of around half-a-billion dollars in housing, food and other costs the stateâs taxpayers have already incurred.
DB2
Heaven forbid we consider raising some taxes
1 Like
That has to be combined with restraint on spending. Living below your means at the macro level.
For example, Newsom became governor of California at the beginning of 2019, five years ago. In those five years state revenues have grown some 35%. The problem is that expenditures have gone up 60%. 
Whatâs behind Californiaâs skyrocketing spending and $68 billion deficit?
https://www.msn.com/en-us/money/markets/what-s-behind-california-s-skyrocketing-spending-and-68-billion-deficit/ar-AA1lYXC9
DB2
1 Like
I am careful with things like that. People assume they can do more for more money. We live in a bureaucratic society. People, positions, and companies are not guaranteed to be worth anything one day. Sometimes can get more but often if someone ditches something shocker their economic or market value is nothing. Or very little.
I am working with an ex-state worker. She kept telling me she hated the state. She believes in merit systems. She is awfully bad at things. I bite my tongue.
It seems the deficit is really more than thatâŚ
The biggest challenge facing lawmakers and Gov. Gavin Newsom is the state budget deficit â and it just got bigger.
Today, the Legislative Analystâs Office projected the shortfall as $15 billion higher, or $73 billion.
DB2