- Stockholm Inn to be honored by Illinois Office of Tourism
- Winnebago County Sheriff’s Office to be out in force during Thanksgiving holiday
- Wallace co-sponsors bill to increase minimum wage
- Stadelman’s measure to prevent layoffs passes state Senate
- More than 46 million Americans to travel for Thanksgiving, most since 2007
- Parks and recreation vital to a stronger Illinois, report shows
- Illinois home sales see slight gain in October
- Rockford Rescue Mission on the front lines of battling war on homelessness
- Rockford Area Economic Development Council’s annual meeting highlights tech revolution
- NIU’s Dan Gebo named ‘Illinois Professor of the Year’
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