Saturday, Jan 31, 2015
Quincy, IL News - QuincyJournal.com
Trending on the Journal

Recent Comments

ONCEMORE1 - Lovelace back in court Monday - Quincy, IL News - QuincyJournal.com
Do you know that for sure? Eight years ago, he wasn't suspected of "hurting" anyone, either.
CoolEdge - Lovelace back in court Monday - Quincy, IL News - QuincyJournal.com
There was not eight years of active investigation. There was no cause of death determined and the case was left open, iirc. Why an expert was not consulted earlier is a question someone probably should ask, or probably has asked. Someone in time looked at the case and saw something ... THEN it was further investigated and qualified medical examiners were consulted, and charges brought. The active…
rifleman0311 - Illinois video gambling revenues doubled in 2014 - Quincy, IL News - QuincyJournal.com
It's time to allow more than 2 machines per establishment in Quincy. We are missing out on revenue. What's the point of a 2 machine limit, let the bar owners decide how many they want.
1950Brutus - Strawman: #Hashtag You\'re It... - Quincy, IL News - QuincyJournal.com
You didn't mention the alcohol that would be needed in addition to the bags - something to make one forget what is under those bags.
UrKidsWillPay - Lovelace back in court Monday - Quincy, IL News - QuincyJournal.com
Just for reference, Sug Knight ran over and killed one man and injured another last night. He hit them first and then backed over them. Sug is a multi-millionaire (at least in earnings who knows if he has a dime to his name he did file for bankruptcy) and his bail was set at $2,000,000. It is a moot point given Lovelace's financial situation. Here is part of Sugs checkered past: "In 1997,…

Most Popular

Police shooting, pursuit in Downtown Hannibal

Sheffield steps down at QND basketball coach

Lovelace trial delayed until summer

Yarbrough, Mahair arrested on meth charges

Council tables insurance vote

Updated Illinois public employee compensation, pension reports

The District Annual Meeting set for January 28

Proposed Illinois legislation would ban powdered alcohol

Millionaire tax amendment advances to House

10 months ago Doug Finke, State Capitol Bureau

Progressive income tax rejected

From Doug Finke, State Capitol Bureau :
An Illinois House committee Thursday signed off on a measure that would allow voters to decide if millionaires should pay more in state income taxes.
At the same time, the House Revenue Committee put a stake in efforts to bring a progressive income tax to Illinois by voting down a proposed constitutional amendment on the issue.
The committee voted along party lines to approve the proposed constitutional amendment by House Speaker Michael Madigan, D-Chicago, that would impose a 3 percent surtax on incomes above $1 million. Income up to $1 million would continue to be taxed at the state's personal income tax rate, currently set at 5 percent.
Madigan said his amendment would apply to the more than 13,000 millionaires in the state. He said it would raise about $1 billion a year that would be distributed to K-12 school districts on a per-pupil basis. Each school district would receive $550 per student regardless of a district's financial health.
“Within our society, those who earn over $1 million are better equipped than others to support education,' Madigan said.
Rep. David McSweeney, R-Barrington Hills, said he was concerned about the impact on small businesses, many of which are set up to pay income taxes at the personal rate rather than the higher corporate rate. Coupled with the 2011 temporary income tax increase, McSweeney said, Madigan's proposal would mean a 167 percent tax increase on those businesses since 2010.
Illinois Manufacturer's Association president Greg Baise called the idea “bad policy and bad form.”
“This is more of a perception tax than a reality,” he said. “It is a perception Illinois wants to penalize success.”
However, Rep. John Bradley, D-Marion, said the surtax is a good approach for areas like his that do not have many millionaires.
“This is an opportunity for a lot of areas in the state to actually do a lot better with minimal impact on my regions,” he said.
The proposed amendment now goes to the full House, which must approve it by a three-fifths vote. The Senate will then have to approve it by the same margin for the issue to appear on the November ballot.

Click Here to Read Full Article


From the Newsroom

QuincyJournal on Twitter

QuincyJournal 1 hour, 9 minutes ago

REBEL MEDIA: Everybody's doing it http://t.co/PNSz7FRLsN
QuincyJournal on Twitter

QuincyJournal 1 hour, 10 minutes ago

Heinecke Fundraiser - Political fundraiser set for Saturday http://t.co/NGUBNsCrAL
Bob Gough on Twitter

Bob Gough 1 hour, 36 minutes ago

RT @DRUDGE REPORT: NFL officials will hold Brady's balls before Super Bowl... http://t.co/yKkMJy76BB
QuincyJournal on Twitter

QuincyJournal 3 hours, 6 minutes ago

6 people sent to ER after Camp Point rollover - Includes four kids ages 4 mos. to 5 yrs http://t.co/KnevUUmbUf