What else did President Eisenhower say on January 17, 1961? It is something that speaks to us today:
“Another factor in maintaining balance involves the element of time. As we peer into society's future, we – you and I, and our government – must avoid the impulse to live only for today, plundering for, for our own ease and convenience, the precious resources of tomorrow. We cannot mortgage the material assets of our grandchildren without asking the loss also of their political and spiritual heritage. We want democracy to survive for all generations to come, not to become the insolvent phantom of tomorrow.”
Monday, January 17, 2011
Illinois passes 66 percent income tax increase
Illinois passes 66 percent income tax increase; 'job-killer,' critics say, I say duh? Have they not learned from California or Ex President Jimmy Carter that increasing taxes does not mean an increased revenue stream. Could they not learn from President Kennedy (John F. Kennedy)or Ronald Reagan or George Bush (the son not the father) who cut taxes and proves that it both increased revenue to the US treasury and created jobs. Local Business leaders decried the proposal, calling it a job-killer because raising the personal tax rate triggers a corresponding jump in corporate rates.
"Based on this particular legislation the only businesses that will benefit are the moving companies that will be helping many of my members move out of this particular state," said Gregory Baise, head of the Illinois Manufacturers' Association. Hey Is that not what Chicago has had all my life:business leaving. After the loss of so many factories, I mean why smarten up now? Personaly I thank God that I smartened up and followed the business leaders who moved their business out of the state. Could not the Ill democrats in control of the state see the Job loss and business losses of California as they continually raise their taxes and fees and regulation?
"Based on this particular legislation the only businesses that will benefit are the moving companies that will be helping many of my members move out of this particular state," said Gregory Baise, head of the Illinois Manufacturers' Association. Hey Is that not what Chicago has had all my life:business leaving. After the loss of so many factories, I mean why smarten up now? Personaly I thank God that I smartened up and followed the business leaders who moved their business out of the state. Could not the Ill democrats in control of the state see the Job loss and business losses of California as they continually raise their taxes and fees and regulation?
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