Gotta love those union bosses
Posted in the Minneapolis Forum
“The one and only Smart Liberal”
Since: Aug 12
Former MN Tax Payer
#1 Mar 5, 2013
Doesn't your heart bleed for those poor underpaid and overworked union bosses?
The union executive suite
Last Updated: 12:14 AM, March 5, 2013
Posted: March 05, 2013
If you spend more money than you take in, you’ll go into debt. But if you spend $30 million more — well, you might be a union boss.
IRS files from the 600,000-member New York State United Teachers show it swimming in red ink again this year. The union claims the $30 million figure is misleading, and its cash shortfall is a great deal less. Even if true, folks at its Albany headquarters seem to do be doing well for themselves.
More than half of the union’s 500 employees earn more than $100,000 a year, for example, and 15 employees earn more than $200,000, the Albany Times-Union found.
It’s even taking in about 10 percent more in dues than it did in 2008 — despite the loss of 35,000 state teaching jobs since then.
While some teachers are out of work, NYSUT boss Richard Iannuzzi’s salary rose 24 percent in those years. He now gets more than $350,000 in compensation, five times the average salary for a teacher upstate.
NYSUT Secretary-Treasurer Lee Cutler’s salary grew 165 percent in that same time.
In every other universe, people fix their budget gaps by cutting back on spending. By contrast, the union is suing to override the state cap on property taxes.
Iannuzzi claims he’s doing so because the tax cap “dooms generations of students.” But school spending in New York is already among the highest in the nation.
In short, NYSUT is suing because it recognizes that a cap on property taxes ultimately means the union bosses will have to start doing what everyone else already does: living within their means.
Saint Paul, MN
#2 Mar 6, 2013
It's for the children, the children of the union employees.
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