Tuesday, Jan 27, 2015
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CoolEdge - Police-fire pensions to go up in smoke? - Quincy, IL News - QuincyJournal.com
"I am not the one arguing against public care of government employees. You are, No ... maybe this is the crux. I'm saying everyone pays for themselves. You act like government employees deserve some special early retirement, open ended pension entitlement, while farmers and construction workers take more risk to feed and build, but must serve and bow to the "public servant/saint". …
CoolEdge - Police-fire pensions to go up in smoke? - Quincy, IL News - QuincyJournal.com
I'm not sure if you were a cop in NYC or what ... the "war zones" are different environments, and the cop side is not all clean in the big cities either, you can't kid me on that. I was in New Orleans before some of the bad side was cleaned up .. was friends with some too, most were OK. They supposedly cleaned up much ... hopefully. But the small town municipalities where locals take…
logged_n_to - Police shooting, pursuit in Downtown Hannibal - Quincy, IL News - QuincyJournal.com
Notice how they do not even mention a passenger until they refer to the gunshot wound? How about-it's not a good shoot if they have no idea who they are shooting at. Good Lord, there could have been a child in the car for all the police know. The passenger had no idea he was involved in anything until his friend jumped back in the car and took off. The passenger is in my family. He was shot…
XBgCty - Police-fire pensions to go up in smoke? - Quincy, IL News - QuincyJournal.com
This is just to give you something to think about, also Cooledge: http://www.infowars.com/government-lays-groundwor... How would YOU feel if all of a sudden, you work and plan your entire life for retirement and then boom they take it away? Remember that all that money…
itsourlife8 - Police shooting, pursuit in Downtown Hannibal - Quincy, IL News - QuincyJournal.com
Chris Rock's version of "How to Not Get Your Ass Kicked by the Police" would play well in this situation.

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State lawmakers set to consider reforms for controversial tax credits

1 year ago from Chicago Tribune

From from Chicago Tribune:

Illinois lawmakers are set to meet Friday morning in Chicago to consider possible reforms to a controversial state tax credit program. 

Critics of the program known as EDGE point out how companies have qualified for millions of dollars in incentives even as they laid off hundreds of workers or failed to create promised jobs. Concerns also have been raised over the lack of information made public on negotiated deals and how special tax breaks largely go to big companies.

A case in point is Motorola Mobility, which laid off more than 1,000 workers in 2012 and fell below its requirement to retain at least 2,500 jobs but was still eligible for a tax credit worth about $11 million.

The company has said its incentive is assessed and disbursed quarterly, allowing it to draw a credit for the quarters it meets its job retention commitments. Motorola Mobility is the only one allowed to draw credits quarterly, according to a spokesman with the Department of Commerce and Economic Opportunity, which administers the program. And it doesn't have to create a single job, according to its contract with the state.

The Libertyville-based company, owned by Google, is among nine companies in the program allowed to keep their employees' tax withholdings. Archer Daniels Midland and Office Depot were among a half a dozen companies that failed to get that special incentive last year.

Since the EDGE program was created in 1999, the state has pledged more than $800 million in tax incentives to about 300 companies. Nearly half of those pledges were made in 2011 and 2012. The large increase is partly due to more companies joining the program and to the rise in the personal income tax rate, a factor in determining the value of the incentive.

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