Germasn -- not sure where you got you economics from -- but taxes are closer to 10% -- reason being, in ILL they have very marginally reduced the real property values for tax calculation and have increased the Mil rate, thereby increasing taxes each year.

To answer your question -- I have not planned on increased valuation, nor do I plan for that. If that comes as a by-product at the time I do decide to sell- which I dont. The plan would be to use the properties as income, as I do not feel soc. sec. will be there when I retire and none of should count on it.

I should not be required to sell anything and to suggest that shows how ignorant you are regarding extortion of tax dollars. If this were a single building and business -- small business, your suggestion would be to sell a portion of the business?? Idiotic. Taxation and government are destroying the very ability for upward mobility that many of the far left loons are crying about on this board.

"Let me guess, he is going to meet with rich families and business owners? Who he needs to meet with is the unemployed, the not so well off, the people he is saying he is going to help."

..... meanwhile the POTUS is having yet another fundraising dinner with a movie star.

"Reagan turned the bad years of Carter into a booming America"

Do you remember the recession of 1982? 10.8% unemployment? 14% inflation? 20% interest rates?

Only when Ronnie raised the corporate tax rate did we begin to pull out of recession, which lasted almost a year and a half.

Today's repubs would have let the economy fester into a depression in 1982 before they would go against the "no tax increase" pledge.

Ezoner -- Your example highlights the nature of what is wrong with the tax debate these days. What you are suggesting is that by not lowering your property tax burden, the state of Illinois is preventing you from being able to improve your property; and create the economic activity that would be a by product. However, you fail to acknowledge that there are other options that do not require the government to do anything to accomplish this.

You state that you have several properties in Illinois that carry a tax burden of $20,000. Assuming a 2% property tax (for illustration purposes only), this would mean you have approximately $1,000,000 in property. You also state that you merely break even. This suggest that at least some of this property is for investment. If this is indeed the case, I will infer that your efforts to improve the property you own are to increase the value, and thus return you can make, on your property.

Have you considered selling some of your property to raise the necessary capital for the improvements. Doing so would be far more productive, and therefore more lucrative, than constantly trying to argue that your tax burden is standing in the way of prosperity. Further, taking this approach will lead to more economic activity in the private sector.

Granted this is only one way of doing things. Yet, the point I am trying to make is that the government isn't standing in your way. You may see it like that. However, you have to neglect any and all benefits YOU receive from paying those taxes. The police and fire departments aren't going to simply keep working to protect your property without the necessary funding.

Complaining about paying taxes simply because they're required is like complaining about the cost of your meal while you eat it. The expense is there for a reason. If your displeased with paying the expense, either find a way to reduce it or just accept it. Otherwise, your doing no better than expecting something for nothing. The same thing you criticize the government for doing to you.

woody
Jun 14, 2012 at 7:51 a.m.kaysbrew...the fact is the reagan/bush years had spending out of control, then turned around when clinton took office. I thought you repubs were against big spending? Even with the cold war, carter held the spending way down compaired to reagan/bush.

..21% interest on home and long gas lines and the highest unemployment until Obama was Carter's legacy.

Reagan landside for two terms because the public felt the progress. 6 years of Republicans for Clinton...again, your welcome.

First, level the playing field on taxes. Romney is paying 13% while lower income people pay a higher percent. Obolish bush's tax breaks for the rich. It's not a tax increase like the repubs want people to think. It is leveling the field some.

Fear -- here is an example of possible JOB creation. I own several properties in Illinois.... I pay $20k / yr in property taxes. For every $1 that my taxes are reduced, I would reinvest that money into the properties, creating jobs, for the labor, the materials, everything. But instead, I just break even and struggle to pay the taxes.. I make No profit -- none. But even if I did, t he money would go back into the properties. I am tired of others spending my wasting my money. They need to get out of my way. This is what you will hear from nearly every small business owner.

Fear -- we disagree on allot of things -- but one thing I will say and have stated before, Romney is just Obama Lite. (Notice the Miller Beer twist).... I also believe that more cuts are required, that pension plans need to change, that cuts in entitlement programs must happen. Where we would disagree is on the military and aerospace. I believe those investments and the technology they create, benefits us all. Leads to business and innovation, that is unmatched in the world today. You can agrue that some of the innovation leads to destruction and loos of life, however, even in those instances, there is opportunity for technology that benefits all. So -- that being said, we would agree -- but with limited or a hesitation in the actual actions required. Ohh -- I think I had forgotten, significantly less regulation.

tea party= far right and desperate!

I am still waiting for shrek to tell me what lies I told about te tea party. Unfortunately RAF is a cartoon charecter, even the name calling he does is becoming repetetive. Tring to have a convorstaion with him is impossible, just a condecending, ornry old fool.
That being said, I stand by my comments on the tea "party" Ill wait for Shrek to prove me wrong before I start to come forth with evidence. If they really want to control spending, then get serious about it. Unfortunately no one really does.

kaysbrew...the fact is the reagan/bush years had spending out of control, then turned around when clinton took office. I thought you repubs were against big spending? Even with the cold war, carter held the spending way down compaired to reagan/bush.

"Let me guess, he is going to meet with rich families and business owners? Who he needs to meet with is the unemployed, the not so well off, the people he is saying he is going to help."
Sorry but this is the typocal mindset of the "it's up to the government to help me I can't do it myself " crowd. Other than PR, what would you hope that any candidate would accomplish with this type of meeting? He could certainly listen, nod, looked concerned (hey it worked for the current guy) but at the end of the meeting how does he help these people?

If they are employable and willing to work, the answer is by creating an enviornment that is pro private sector jobs. For the rest, he could provide some very worthwhile advice but it would be viewed as too harsh and uncaring by those who really only want success handed to them.

916WI
Romney has Wisconsin in the bag!
If we gave 1 point for every county Walker beats Barrett 60-12
Landslide.
However, Wisconsin still has to content with voter fraud as we've seen in District 21 last week and the bubbles of Madison and Milwaukee.

woody
Reagan turned the bad years of Carter into a booming America and Clinton had 6 years of a Republican congress to show him the right direction. You're welcome!

""Janesville is a battle ground city"
Totellthetruth - the 29 wards making up the city of Janesville overwhelmingly supported Tom Barrett (59% Barrett, 41% Walker). Not sure how you define "battle ground city", but Romney may as well be standing on Library Mall in Madison with those sorts of numbers"

Considering how strong the pro-union side is in Janesville, and considering the fact that Obama completely turned his back on the unions while they were fighting for their survival in this recall election, I could easily see how Janesville would, in turn, turn their backs on Obama.....
http://www.youtube.com/watch?v=SA9KC8SMu...
A little over an hours drive away to support a group that he had promised to support......Must have left his "comfortable shoes" at the white house? At least he took the time to send a tweet........right??:)

The left fringe twisting of the day consits of comments like this one "And yet, Reagan's economist of choice, Milton Friedman"
-
Facts are a tough thing. This was one of MANY people that belonged to the president’s economic policy advisory board...yet to make a wild point the fringe state he was the one of choice...how funny. This same fringe tries to claim because at the time he worked with Reagan that somehow that makes the guy some lifelong right-winger. Guess someone forget to tell old Milton, who also called himself a classical liberal. But yeah I know, facts get in the way of rhetoric.

faux good american and fear, not sure why you need to use two accounts. The rhetoric you toss out is the same on both...typical fringe.

"Janesville is a battle ground city"

Totellthetruth - the 29 wards making up the city of Janesville overwhelmingly supported Tom Barrett (59% Barrett, 41% Walker). Not sure how you define "battle ground city", but Romney may as well be standing on Library Mall in Madison with those sorts of numbers.

Woody longs for the good ole days of Jim Carter-remember? 18%mortgages, 20% inflation, 14% for the chronically unemployed. sweater vests and killer rabbits Let's not forget how Jim Carter turned his back on the shah, allowed the mullahs to create the mess that is Iran today, but Gm and Parker pen were still major employers in Janesville, yeah....good times under carter--woody must love Jim carter 2.0 with obummer.....and Billy beer...

woody, I totally agree!

Reagan and bush spending was WAY out of control until Clinton turned it around. And then the repubs brag about this and want us to return to the reagan days??? good grief!!!

http://en.wikipedia.org/wiki/File:Budget...

Wikipedia Reaganomics quote "Reagan's tax policies contributed to an increase in both the international transactions current account deficit and federal budget deficit, as well as a significant increase in public debt. National debt more than tripled from 900 billion dollars to 2.8 trillion dollars during Reagan's tenure."

He did cut the taxes the rich paid...remember the trickle down idea? Remember how rich the CEO's started getting? It's more like trickled ON !

GoodAmerican Jun 13, 2012 at 2:53 p.m.
"Friedman was an economic adviser to conservative President Ronald Reagan. His political philosophy extolled the virtues of a free market economic system with minimal intervention. He once stated that his role in eliminating U.S. conscription was his proudest accomplishment, and his support for school choice led him to found The Friedman Foundation for Educational Choice. In his 1962 book Capitalism and Freedom, Friedman advocated policies such as a volunteer military, freely floating exchange rates, abolition of medical licenses, a negative income tax, and education vouchers.[10] His ideas concerning monetary policy, taxation, privatization and deregulation influenced government policies, especially during the 1980s." (Wikipedia)

Good --So does that mean Obama wants to do exactly what Che and Mao did to their own people????

Motorman Jun 13, 2012 at 10:13 a.m.
Michelle Bachman is not a spokesperson for the Republicans nor the 'Tea Party. Do you recall that she was defeated in the primaries?

Why is anyone paying attention to Fear anymore?
Rejected in 60 Wisconsin Counties

Fear,
Stop with the lies. You know nothing about the TEA party and therefore make things up.

Fear -- Racist Potraits -- what a joke... Get serious. Anyone that doesnt agree with Obama and you call them racist. As far as I can wee the tea party is pretty much in line with Mr. Paul, except they dont go as far as he does. They stop short of some of his rediculous points.

Fear -- Controls oil prices and affects them are two different things. Prices are based upon consumption, refining costs, taxes, many factors. The small change we have seen in oil will not have a dramatic impact on Gas pricing. Plus -- the price you stated does not affect the Brent North Sea price which is the oil we use for refining into gas. Looking inot the future, this admin wants to see higher pricing to justify or support alternative fuel investment.

Might be some very good reasons for him to spend some time in Wisconsin.
http://www.rasmussenreports.com/public_c...

No offense ezoner but you have really no hoest credibility here. YOU are the one that claims that the president controlls oil prices. OH BTW oil fell to 82$ a barrell and is still 3.60 a gallon, explain to me how the price of crude can fall almost 30% and the price of fuel falls .20?? Ill wait.

The tea party cannot be taken seriously until they adopt a serious stance against spending money in all arenas where its wasteful. They talk a good game and do a good job of haveing racist portraits of Obama at their rallies, but their scope of what is wasteful and what is not, is quite partisan(extreme right) and very limited. I wish Shrek that there were a REAL movement in this country that was interested in controlling spending, unfortunately there is a movement that is good at selling it, just not so good at doing it. I will admit I do like one of them, Rand Paul. Again not a fan of many of his views, but he at least seems consistent.

Motorman -- Shared Solution???? Is that what Obama wants.... Ohhhhh-- I thought he wanted ONLY what he wants..... See thats the problem. You share a little at teh beginning, then next time around, share some more, pretty soon, you are at 60% of what the far left wants ... then they wonder why you stop sharing.... its becaise the sharing is uni-directional. Only bending is to the left. Its time to stop. Eleiminate waste, reduce government, in some cases do away with some of it. You only need to look as far as Illinois and California to see how well the left financial system works... it doesnt. These people refuse to look at facts, history and the real numbers. -- Now -- I will say there are some on the right that dont get it eaither. The money just isnt there,.

Not to mention 20 bases owned by Turkey but operated by the US dont count, also any "secret" bases dont either. But only left wing fringe nutbags are the only ones that believe that nonsense, right?

Has the tea party run any candidates? Are they a party? Seems to me that the tea party is simply a rhetoric machine. If the tea partiers were REALLY concerned about spending they would, as I have several times, get specific about government waste. If we want to get serious, lets get serious. Instead they want to scream about waste in very crucial social programs like SS, Medicare and public education. Why not address the untold billions wasted on feces studies, bug mating habits, and grass growing studies. Instead we focus on essentials? I sggest if the tea party wants to get serious, then its time to cut the crap, otherwise you are nothing more than another Fox, MSNBC, or other oujtlet attacking with endless, meaningless talking points.
Another thing you will never hear the "tea partiers" talk about is the tremendous waste and fraud that goes on in the DoD. Hallibourton is a PERFECT example and is taken lightly and not talked about by Shrek, RAF, Kay, etc....Why? Hundreds and hundreds of millions of tax dollars given to a private company in no-bid contracts, to provide awful overpriced services to the military and government?
I actually still applaud Ron Paul for his stances against insane military spending. While I believe that many of his stances are not what I believe, at least he stands on HIS principals and is willing to play in the arena of ideas, and not talking points. Addressing American Imperialism, is a real issue.
The U.S. has over 700 military bases in over 120 countries around the world. The total of America's military bases in other people's countries in 2005, according to official sources, was 737. http://www.alternet.org/story/47998/
This number does not include 100 installations in Iraq and 80 and counting in Afghanistan. The USA is so broke according to RAF and our debt is so out of control, that we can afford all of this? Please no more lectures in Debt and defecits until youre ready to look at thehole picture, not simply the nonsense about entitlements as being the driver of debt and defecit.

oh woody, and Obama promised to close Club Gitmo, no lobbiest and reduce spending. He ran more right of McCain. His actions have caught up to his ideology. FAIL

Woody,
What are you talking about? This discussion is related to the TEA party and you are trying to hijack it to prove some point about Bush spending too much. I won't dispute that Bush spent like a Democrat and that is why the TEA party was created. Government is too big and needs to be reigned in, both major parties are guilty. As I told Motorman, do some research and you will learn that the TEA party is more mainstream than you think.

The repubs rhetoric wants you to believe the dems are the big spenders when in turn , the repubs are. The repubs like war time, and some businesses can make a ton of money with government military contracts. Remember Halliburtan(sp)?

http://www.youtube.com/watch?v=FiW5I95R5...

The repubs rhetoric wants you to believe the dems are the big spenders when in turn , the repubs are. The repubs like war time, and some businesses can make a ton of money with government military contracts. Remember Halliburtan(sp)?

http://www.youtube.com/watch?v=FiW5I95R5...

Shrek...Maybe you are the one that has a problem with the facts and just wants to spew rhetoric. W Bush had much more spending increases than Obama. Bush had HUGE spending increases due to the Iraq war where there were never any WMD's found and no ties to 911. What a waste....

http://www.youtube.com/watch?v=yBIoBvaDc...

Motorman,
Once again, you are showing your ignorance. The TEA party is concerned with fiscal issues only, not religion or guns. Healthcare is a concern because of the costs. They don't want to intrude on your personal life, they want government out of it. Based on your comments, it sounds like you agree with what the TEA party is about, unfortunately you only read biased liberal articles and you truly do not take the time to understand what you believe to be your opponent.

"I'm like James Brown, only white and taller"..Hayes Carll.

Shrek they fear controlled spending and a responsible budget based on only what is received. These same groups complain government is spending too little now, regardless of the record debt increases and over 400% increase in government buying their own bonds. It was just a few years ago when buying their own bonds was called exactly what it is...just printing more money.

Why are you worried about reducing wasteful government spending and balancing the budget? I think you are confusing the TEA party with someone else. Or maybe you just aren't willing to take the time to learn and understand what it is about. Liberals tend to have a hard time with research, logic and facts, probably because these thing show that their arguments are weak.

Gee, Lemme guess, romney will be having a "walker" type meeting with diane hendricks on divide and conquer. She will fork over cash and romney sets up a defense fund. Another idiot refiblican.

Let me guess, he is going to meet with rich families and business owners? Who he needs to meet with is the unemployed, the not so well off, the people he is saying he is going to help. Unless of course my thoughts are correct that votes don't count they can only be bought so he needs more revenue from the wealthy to get elected. How else can one not notice that the more money the politicians spend the most likely they are to be the ones elected? Why do you suspect millionaires spend millions campaigning for a six figure a year job? Romney needs to stay on I-90 and go on to the next town.