US Tax System is Stupid

When you account for all forms of taxation, there are some Americans that “play by the rules” that are sending more than half of their incomes to the government. This is why “tax avoidance” has become a multi-billion dollar industry in the United States.  People are sick and tired of being drained dry by a system that […]

Facts about the fiscal cliff

Total receipts to the Federal Government for 2013 are estimated at $2.9 Trillion – the highest in history. (1) Estimated 2013 deficit: $1 Trillion based on current tax rates (2) Estimated 2013 deficit if we do “go over the fiscal cliff” based on required spending cuts and tax increases:  $641 billion (3) Obama’s offer:  $1.6 Trillion in […]

Socialism vs Capitalism: Milton Friedman

Milton Friedman: Why soaking the rich won’t work

Fly on the Wall – City Councils

Isn’t it amazing how the City Council of both Bloomington and Normal are suddenly conservative?  Members who never met a tax increase they didn’t like, are suddenly looking for cuts to balance their budgets – you know the ole’ property values are down, incomes are down, citizens are suffering . . . Can’t possibly have […]

Bloomington-ruled, not governed

Shouldn’t the City of Bloomington issue the 4/31/2012 Financial Statements, which were due 10/31/2012, before asking for a tax increase? How is your pension doing?  Government employees just take more from taxpayers when investments are lower than expected.  Sweet deal!

TOP-10 ‘Only In America’ Observations – by a Canadian:

1) Only in America, could a certain politician talk about the greed of the rich at a $35,000.00 a plate campaign fund-raising event. 2) Only in America, could people claim that the government still discriminates against black Americans when they have a black President, a black Attorney General, and an 18% black federal workforce, but […]

Vetting Dr Gill again, again, again

Quote from Dr. Gill: “Rodney Davis wants to take us back to the failed Republican policies of deregulation and more tax cuts for millionaires and billionaires.  I believe billionaires should pay their fair share and will fight to keep taxes low for middle-class families who make less than $250,000”. Would someone please check for the […]

Civil War if Obama is Re-elected

by:  Diane Benjamin I firmly believe the American people are too smart to fall for the same Obama lines again and they are WAY over voting for the first Black President.  McCain was a lousy candidate.  We were told banks would collapse without bailouts, I don’t blame anybody for saying – let’s give the guy […]

New Taxes in the Health Care Law

The Obamacare Taxes (Over $1.2 Trillion in New Taxes Collected in 10 Years).   The latest estimate is that Obamacare will cost $2.6 Trillion – Nearly $1.7 Trillion more than Obama promised.   Last update: August 22, 2012 Year Description Tax Revenue 2010 Tax on Innovator Drug Companies: $2.3 billion annual tax on the industry imposed relative to share of […]

A “Billion” explained

Since government is involved, all the below may have changed or been added to.  It’s just a perspective and food for thought. It should be updated for trillions since we now run deficits of over $1 Trillion per year. The next time you hear a politician use the Word ‘billion’ in a casual manner, think about whether […]

Congratulations Democrats!

by Diane Benjamin You are now SLAVES to the public sector unions in Illinois. How does it feel to be bought and paid for? You can’t fund pensions and you can’t change benefits – the union leaders will call out their thugs.  The phones in Springfield will overload when the union heads tell their people […]

So Obama Saved the Car Industry?

Just the Facts: The United Auto Workers received a 39% Equity stake in the company Over 1000 GM dealerships were forced out of business Bond holders received a 10% stake – much less than invested Salaried employees lost most or all pensions benefits $50 billion of taxpayer money is still invested in GM – 500 […]

Trickle Down Economics for Dummies

Properties the Town of Normal Own-Visual

The properties pictured are all connected to the Uptown project. The Town of Normal is listed as the owner on all yellow properties.  All of the properties were checked on the McLean County Assessor’s Office website.  The parcel pictures are all from the Assessor’s site. The Town of Normal, McLean County, Unit 5, and all […]

Normal Il – What is Up With the Debt?

by Diane Benjamin The Normal Mayor and City Council decided the outlined area in the picture below was blighted and needed to be redeveloped. They filed a plan and deemed this area a Tax Increment Financing site (TIF).  They have purchased A LOT of properties and gave some away.  More on that below.  Click on […]