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Government Insiders Rip Off Taxpayers…Again

Government Insiders Rip Off Taxpayers…Again

Posted on December 30, 2011 by Dan Mitchell

I’ve written many times about politicians and bureaucrats screwing taxpayers with lavish compensation packages, but this story from Philadelphia is jaw dropping.

Councilwoman Marian B. Tasco is retiring Friday, but only so she can collect a $478,057 pension check and return to work Monday, when she will be sworn in for her seventh term. Tasco was one of six Council members to enroll in the city’s controversial Deferred Retirement Option Plan, better known as DROP. She did not immediately return a request for comment. …When DROP was introduced during the Rendell administration, it was thought that it would cost little or nothing. But a study by the administration of Mayor Nutter said DROP had cost the city $258 million over 10 years.

Remember stories like this every time ones of these reprehensible politicians claim that spending has been cut to the bone and taxes have to be raised.


boondoggle bureaucracy corruption Philadelphia politicians Sleaze Taxpayer Ripoff
December 30, 2011
Dan Mitchell

Dan Mitchell

Dan Mitchell is co-founder of the Center for Freedom and Prosperity and Chairman of the Board. He is an expert in international tax competition and supply-side tax policy.

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