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News & Features
Seer_ July 22, 2014 at 09:20 am
sure Don- a political outsider like Rauner in the problem here in IL
Edward Andrysiak July 22, 2014 at 09:30 am
Hey Don...you elected one "no money/no business" experience person to the WhiteRead More House...like what you got? Demonizing the successful/rich is a continuing Democratic tactic that only idiots believe. When cash flows and businesses prosper, people have jobs. We don't need any more politicians who do not understand a balance sheet. You might just try and believe some people have more than enough money and just want to give back and do something for the rest of the folks...like, at least, through out your garbage!
Seer_ July 22, 2014 at 11:02 am
If this country ends up looking like "The Hunger Games" kids should be learning how to useRead More a bow and arrow.
This guy deserves his bad reputation.
hhhnn July 22, 2014 at 02:25 pm
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hhhnn July 22, 2014 at 02:25 pm
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hhhnn July 22, 2014 at 02:26 pm
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by Lexi Hart
paschal July 21, 2014 at 11:22 pm
LIQUID UNIVERSAL SSD SOLUTION CHEMICAL COMPANY LTD INDIA, WE SELL SSD CHEMICAL SOLUTION USED TORead More CLEAN ALL TYPE OF BLACK MONEY AND DEFACED BANK NOTES,WE ALSO BUY BLACK MONEY ANY TYPE,WE ALSO WORK ON PERCENTAGE BASIS,WE CLEAN ALL CURRENCIES LIKE EURO,USD,GBP,AND MANY OTHER CURRENCIES,WE ALSO OFFER MACHINES FOR LARGE CLEANING,WE HAVE OUR BRANCH OFFICES IN ASIA,AMERICA,AFRICA,EUROPE,AUSTRALIA PLEASE DO CONTACT US Name: Dr Paschal Dike Phone number: (+918586912473)
Desert Rat July 22, 2014 at 12:54 am
I bet Dr. Dike is from Nigeria.....
Steve July 22, 2014 at 08:42 am
More local news please!
Seer_ July 21, 2014 at 12:26 pm
Billions of $ in aid to Israel- not one more penny for Federal extension of unemployment benefitsRead More from Congress-????
Jamie July 21, 2014 at 12:33 pm
Rick Johnson – I agree that Illinois has to be more competitive, it’s just a fact ofRead More life. But is there an end to how far we should stoop? It is not just Illinois, but even the business friendly states that are losing out to foreign competition. And while red states are whipsawing blue states, all our states are being adversely affected. In 2013 according to Walgreen’s annual report, they paid about $134 million in state taxes which was about 2.2% of their earnings. What that does not reflect is the $6 million tax credit over a 10 year period nor does it reflect $625,000 in state incentives to train employees. Souce: http://redecatur.com/walgreens-to-renounce-u-s-citizenship/. But, I thought that the Illinois corporate tax rate was between 7% to 9%. In the US we previously argued which was better between red & blue states, and perhaps Walgreens would consider moving to Texas since their stated tax rate is 0% (Not really accurate since they have other ways of taxing corporations) but cheaper none the less. The nominal tax rate for the US is 35%, but corporations with a tax accounting department never actually pay that amount, and in fact many profitable corporations actually net rebates rather that actually paying taxes. I should clarify that those corporations that actually accrue a tax liability will defer the majority of if and therefore the cash actually transferred to the federal/state government is delayed for years. That amounts to an interest free loan in my opinion. But, individuals do not get to defer their taxes indefinitely like corporations. According to Walgreens 2013 annual report, their pre-tax earnings were $3,895 million and they paid $1,122 million (28.8%) but when one considers their tax deferral of $816 million their effective tax rate in 2013 was actually 7.9% As I understand, Switzerland’s nominal tax rate is 17%. I do not know if their effective tax rate is less than that. But I have to ask the questions. Are Illinois taxes really that high when one considers incentives and tax breaks? OK, so Texas’ state tax rate is lower and I understand the allure of moving to Texas, but Walgreens like many other corporations are no longer whipsawing U.S. states, they are saying to hell with all the states and denouncing their U.S. allegiance by exploiting the benefits of inversion. So are the red states taxes too high as well? Or is it the US tax rate that is too high. Again, I want to point out the difference between the nominal rate of 35% vs. Walgreens effective tax rate of 7.9%. Oh and another thing to consider, when corporations leave the burden falls on the individual tax payers. But, that burden is further compounded when those jobs like the ones in Deerfield IL are moved to Switzerland; there are less employed people in the pot to pay the deficits left by the inversion exploiters. I also read where Walgreens received $16.7 billion from Medicare & Medicaid in 2013. Should we maybe consider legislation to spend taxpayer dollars from Medicare & Medicaid to US based pharmacies? Or at least corporations that maintain their headquarters in the US. And I bet the savings that Walgreens realizes will still be spent on lobbying efforts to lessen the tax rate on the US operations that they still have to pay.
Rick Johnson July 22, 2014 at 11:02 am
Jamie, Your response was very well articulated and researched, however I'm not sure the type of taxRead More reform I'm eluding to should be thought of as "stooping". Are their countless loop holes and special deals in place to lower the effective tax rate for companies like Walgreen, encouraging them to keep their jobs and revenue in our state? Absolutely. But that is precisely the problem. Special deals have to be made because our corporate rate is so high. Roughly 70% of the jobs in our country come from small businesses. These same small businesses aren't afforded the special deals received by companies like Abbott, Cat or Walgreen, making it even harder for them to grow and create jobs. Here's the bottom line, it is the responsibility of the CEO and their Board to improve their bottom line and grow their business - growth that is vital for our communities. The trickle down effect of new jobs and subsequent tax dollars feed into things like better education for our kids and lower healthcare costs for our families. But until we decide to actually do something to encourage this growth, we'll continue to see our communities suffer.
paschal July 21, 2014 at 11:22 pm
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Dr G July 20, 2014 at 09:09 am
Knock that old turd out.
Barbara Smith July 20, 2014 at 03:16 pm
You Know the lack of respect for older and even younger people nowdays just shows that Our societyRead More is in trouble. People have no manners and the young people are rude and act like trash. Due to the lack of upbringing By the parents We need to teach manners in school. Before this whole country goes to hell if it already hasn't. One question for You Dr G. What if that was Your Dad or Your grandpa. Would You like someone to knock Them Out?
Ralph "Cash" Beardsley July 20, 2014 at 07:57 pm
Old man age 67- go and take a nice, big dosage of ambien- you should be ashamed of yourself- by theRead More way- I'm age 66- do the world a great big favor and get in bed and pull the covers over your head and stay that way!!
File Photo
hhhnn July 22, 2014 at 01:09 pm
Recent Activity FedUpRealist commented on article "Cops: Man Dies in Hempstead TurnpikeRead More Crash" in Police & Fire July 22, 2014 at 08:06 am www.alghamdi.forumegypt.net FedUpRealist commented on article "Cops: Man Charged with Attempted Murder After Shooting Woman During Argument" in Police & Fire July 21, 2014 at 04:38 pm www.alghamdi3.ahlamontada.com FedUpRealist commented on article "Cops: Man Charged with Attempted Murder After Shooting Woman During Argument" in Police & Fire July 21, 2014 at 04:21 pm www.ghamdi.forumegypt.net FedUpRealist commented on article "Cops: Man Charged with Attempted Murder After Shooting Woman During Argument" in Police & Fire July 21, 2014 at 03:47 pm FedUpRealist commented on article "POLL: Who is to Blame for Possible LIRR Strike?" in Business July 20, 2014 at 11:33 am FedUpRealist commented on article "POLL: Who is to Blame for Possible LIRR Strike?" in Business July 20, 2014 at 11:00 am www.alrashed.ba7r.biz FedUpRealist commented on article "Police: Group of Men Attempt to Break Into Occupied N. Bellport Home, Kill Dog" in Police & Fire July 19, 2014 at 12:14 pm FedUpRealist commented on article "Police: Group of Men Attempt to Break Into Occupied N. Bellport Home, Kill Dog" in Police & Fire July 19, 2014 at 12:11 pm www.alghamdi3.ahlamontada.com FedUpRealist commented on article "POLL: Who is to Blame for Possible LIRR Strike?" in Business July 18, 2014 at 03:16 pm www.alrashed.3rab.pro FedUpRealist commented on article "POLL: Who is to Blame for Possible LIRR Strike?" in Business July 18, 2014 at 01:25 pm Flag as Inappropriate
hhhnn July 22, 2014 at 01:09 pm
Recent Activity FedUpRealist commented on article "Cops: Man Dies in Hempstead TurnpikeRead More Crash" in Police & Fire July 22, 2014 at 08:06 am www.alghamdi.forumegypt.net FedUpRealist commented on article "Cops: Man Charged with Attempted Murder After Shooting Woman During Argument" in Police & Fire July 21, 2014 at 04:38 pm www.alghamdi3.ahlamontada.com FedUpRealist commented on article "Cops: Man Charged with Attempted Murder After Shooting Woman During Argument" in Police & Fire July 21, 2014 at 04:21 pm www.ghamdi.forumegypt.net FedUpRealist commented on article "Cops: Man Charged with Attempted Murder After Shooting Woman During Argument" in Police & Fire July 21, 2014 at 03:47 pm FedUpRealist commented on article "POLL: Who is to Blame for Possible LIRR Strike?" in Business July 20, 2014 at 11:33 am FedUpRealist commented on article "POLL: Who is to Blame for Possible LIRR Strike?" in Business July 20, 2014 at 11:00 am www.alrashed.ba7r.biz FedUpRealist commented on article "Police: Group of Men Attempt to Break Into Occupied N. Bellport Home, Kill Dog" in Police & Fire July 19, 2014 at 12:14 pm FedUpRealist commented on article "Police: Group of Men Attempt to Break Into Occupied N. Bellport Home, Kill Dog" in Police & Fire July 19, 2014 at 12:11 pm www.alghamdi3.ahlamontada.com FedUpRealist commented on article "POLL: Who is to Blame for Possible LIRR Strike?" in Business July 18, 2014 at 03:16 pm www.alrashed.3rab.pro FedUpRealist commented on article "POLL: Who is to Blame for Possible LIRR Strike?" in Business July 18, 2014 at 01:25 pm Flag as Inappropriate
hhhnn July 22, 2014 at 01:09 pm
Recent Activity FedUpRealist commented on article "Cops: Man Dies in Hempstead TurnpikeRead More Crash" in Police & Fire July 22, 2014 at 08:06 am www.alghamdi.forumegypt.net FedUpRealist commented on article "Cops: Man Charged with Attempted Murder After Shooting Woman During Argument" in Police & Fire July 21, 2014 at 04:38 pm www.alghamdi3.ahlamontada.com FedUpRealist commented on article "Cops: Man Charged with Attempted Murder After Shooting Woman During Argument" in Police & Fire July 21, 2014 at 04:21 pm www.ghamdi.forumegypt.net FedUpRealist commented on article "Cops: Man Charged with Attempted Murder After Shooting Woman During Argument" in Police & Fire July 21, 2014 at 03:47 pm FedUpRealist commented on article "POLL: Who is to Blame for Possible LIRR Strike?" in Business July 20, 2014 at 11:33 am FedUpRealist commented on article "POLL: Who is to Blame for Possible LIRR Strike?" in Business July 20, 2014 at 11:00 am www.alrashed.ba7r.biz FedUpRealist commented on article "Police: Group of Men Attempt to Break Into Occupied N. Bellport Home, Kill Dog" in Police & Fire July 19, 2014 at 12:14 pm FedUpRealist commented on article "Police: Group of Men Attempt to Break Into Occupied N. Bellport Home, Kill Dog" in Police & Fire July 19, 2014 at 12:11 pm www.alghamdi3.ahlamontada.com FedUpRealist commented on article "POLL: Who is to Blame for Possible LIRR Strike?" in Business July 18, 2014 at 03:16 pm www.alrashed.3rab.pro FedUpRealist commented on article "POLL: Who is to Blame for Possible LIRR Strike?" in Business July 18, 2014 at 01:25 pm Flag as Inappropriate
Russ July 19, 2014 at 05:38 pm
Kent - do you have details/links to stories about the Country House and Pfeifer Hall? My interestRead More has been piqued...
Independence666 July 20, 2014 at 08:50 am
Hey, if you really want to travel down some creepy roads, visit the war zones on Chicago's South andRead More West sides on any Friday or Saturday night.
Mike Fangman July 21, 2014 at 03:00 pm
Excuse me, Independence666, but I'm going to have to ask you to extinguish your burning cross.
Chicago Police at the scene of a Friday morning shooting  on East 43rd Street. | Screenshot via the Red Line Project Storify.
Tracey July 21, 2014 at 08:49 am
Let them kill each other? What about the one's who don't die and need millions in healthcare for theRead More rest of their life? Who pays for that? All of us! Stop the violence and ignorance!
Patti Smith July 21, 2014 at 10:19 am
Who's kids are doing the shooting? Theirs! Parents cry about losing love ones yet are you parentsRead More watching over your own kids? Do they believe bad kids are being Bused into the City of Chicago to shoot people??? Parents where are you kids right now, where are they at night? Watch your KIDS it's up to you to teach them right from wrong NOT the police!
Pat F July 21, 2014 at 01:04 pm
Stop the revolving door of justice(nonjustice!)!! Once they are involved in a crime involving a gun,Read More they should be sentenced to Hard Labor.. That's right, just like the Old Days!! No more of this crap where they lay around and get free room and board! Put them out in chain gangs and let them work! Screw the bleeding hearts who want to be nice to felons! Most of these people are hardened criminals..once again, if you do the crime, you do the time..But, now make it Hard Time that may sway them to straighten up!!
Andrew Chin. (Patch file photo.)
paschal July 21, 2014 at 11:21 pm
LIQUID UNIVERSAL SSD SOLUTION CHEMICAL COMPANY LTD INDIA, WE SELL SSD CHEMICAL SOLUTION USED TORead More CLEAN ALL TYPE OF BLACK MONEY AND DEFACED BANK NOTES,WE ALSO BUY BLACK MONEY ANY TYPE,WE ALSO WORK ON PERCENTAGE BASIS,WE CLEAN ALL CURRENCIES LIKE EURO,USD,GBP,AND MANY OTHER CURRENCIES,WE ALSO OFFER MACHINES FOR LARGE CLEANING,WE HAVE OUR BRANCH OFFICES IN ASIA,AMERICA,AFRICA,EUROPE,AUSTRALIA PLEASE DO CONTACT US Name: Dr Paschal Dike Phone number: (+918586912473)
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