- Forest-preserve sex sting nets 10
- Armed robbery reported at Machesney Park CVS
- Lee Hamilton: President, Congress should work together on military intervention
- Ethnic Parade and Festival Sunday, Sept. 21
- Symphony begins 80th season Sept. 20
- Vikings bar Adrian Peterson from team activities
- Mr. Green Car: A car from your printer
- Candle Crest owners to open their first store and manufacturing operation in Rockford
- Rockford hosts America’s largest World War II-era re-enactment Sept. 20-21
- DuPont ordered to pay $1.85M for killing trees
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