- Cubs make history in an unfortunate way
- Pension battle headed for SCOTUS?
- Closed for Progress: downtown’s steady revival
- TRRT Online Edition | July 29-August 4
- State employees get another win in pay dispute
- Judge tosses Chicago pension deal
- AFSCME, Rauner administration still at odds
- Through the brewing class
- AFSCME: Governor trying to force work stoppage
- What’s to negotiate? Illinois GOP, Dems can’t agree on topic
Economy hurt by anti-business agenda
President Obama’s anti-business agenda has hurt our economy to such an extent that our tax base has been greatly eroded. It’s hard to get more taxes from someone who’s unemployed or underemployed, especially considering these people require money from our taxes.
Locally, the property taxes have gone down, but the taxes in many instances have increased only to provide needed services from a lower amount.
Our state is considering putting more of their public pension burden on the local governments as if they have more money to do this.
Some say we are likely to become more like Greece or some other European country with mobs rioting in the streets for more money that their government doesn’t have. Has it already happened in our country as evidenced by the ”occupy” movements, or not that far away in Madison, Wisconsin?
Michael A. Smith
From the May 16-22, 2012, issue