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Friday, Nov 21, 2014
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Income tax question looms as Gov. Quinn prepares for budget speech

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migraine_in_qcy - Quincy Regional Airport makes another late season push for 10,000 departures - Quincy, IL News - Qui
And, you can hopefully avoid the brewing race-war in nearby Ferguson.
Givemeliberty - Quincy Regional Airport makes another late season push for 10,000 departures - Quincy, IL News - Qui
I wonder what the true cost of the one way flight is, because if I'm not mistaken these flights are federally subsidized, which would likely mean the drive is cheaper.
Cardinalquincy - Quincy Public Schools involved in an ongoing investigation - Quincy, IL News - QuincyJournal.com
This school board has run a great number of educators both experienced and fresh from of college, right out the doors. From Nicholas Schildt determining his own salary years ago, and essentially cutting his own checks, to many others, there exist many tales of corruption and incompetent leadership. Nice to see the dark truth finally coming to public light. Mark my words, this is just the tip of…
migraine_in_qcy - Quincy Public Schools involved in an ongoing investigation - Quincy, IL News - QuincyJournal.com
In compliance with many of the laws isn't even as good as being in compliance with most of the laws, and definitely not as good as being in compliance with ALL of the laws.
db1998 - Man arrested for financial exploitation of the elderly - Quincy, IL News - QuincyJournal.com
No, he is not mentally disabled just selfish. He lost his job and I am sure he felt like he was going to pay it back. Unfortunately, he had horrible living conditions with people that didn't help the situation. He, I am sure, didn't realize that monitor all of that if his moms bills weren't being paid first. I am surprised it really took this long for it to catch up with him. Downward…

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Illinois' budget plan requires trust

8 months, 2 weeks ago herald-review.com

Five-year plan would allow the state to pay off its $5.4 billion of unpaid bills

From herald-review.com:

Chicago's Civic Federation has proposed a reasonable and balanced approach to extract Illinois from its current financial mess.

The problem is trusting the current state government to do anything that's reasonable and balanced.

The federation unveiled a five-year plan this week that would allow the state to pay off its $5.4 billion backlog of unpaid bills and would also avoid extreme budget cuts.

The plan calls for extending the temporary income taxes that are scheduled to expire at the end of this year for one year and then eliminating those taxes over the next four years. In addition the plan calls for taxing retirement income. Illinois is one of three states that exempts pension income from income taxes and one of 27 states that doesn't tax Social Security income.

Coupled with the pension reform proposal approved by the legislature, the Federation's plan ``would finally allow the state to move beyond what has become a perpetual fiscal crisis,'' Civic President Laurence Msall said.

The expiration of the lame duck tax rates at the end of this year will cause the state to lose more than $1.7 billion in tax revenues next year and more than $4 billion in fiscal year 2016. Gov. Pat Quinn has yet to unveil his plan for the taxes, although most expect the issue won't be addressed until after the November elections.

The tax issue is sure to be controversial and taxing the income of retirees will not be an easy sell.

The Federation should be applauded for putting forth a well-reasoned plan.

But the plan ignores this reality: Taxpayers have no reason to trust state government.

For example, when the lame duck tax increases were pushed through in 2011, Democratic leaders promised that the money would be used to pay off the backlog of bills and that pension reform would be addressed. Pension reform was delayed for nearly three years and while the backlog of bills has been reduced, it is far from eliminated.

Instead, we see a myriad of examples where state money has simply been wasted – the latest being Gov. Pat Quinn's questionable spending of $55 million to reduce violence in Chicago neighborhoods. In numerous ways, the state has used taxpayer money to continue its free-spending ways.

The Federation plan – at its most basic – is asking taxpayers to bail out state government for poor management in the past.

The issue boils down to a simple question: Given the state's track record, why should taxpayers trust our state government to use hard-earned taxpayer dollars wisely?

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RT @David Burge: Somewhere a legal immigrant engineer in his 10th year of paperwork and lawyers is on Orbitz shopping for flights back home.
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@QUHawks @LadyHawkSoccer We run into that as well. Many road games are crapshoots.
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@LadyHawkSoccer @QUHawks Why no live stream?
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RT @Gibrats: For real?? @jonswaine Protesters stage mock lynching outside old courthouse in downtown St Louis. On Dred Scott Way. http://t.co/Ol6nacCSTq