Will County Democratic Central Committee - News

2

Jul

2014

Rauner used strategy now under IRS scrutiny to slash income taxes

Author: Editor

IRS data show Bruce Rauner to be one of the 11,000 richest tax filers in the nation, but most of the millions he made in recent years was taxed at 15 percent — less than half the top federal rate for the wealthy, a review of tax documents released by the GOP governor hopeful shows.

One reason behind that sharp discount is that Rauner took advantage of a strategy that yielded big tax savings on his share of investment fees paid to his private equity firm, GTCR. That strategy is allowed under tax rules but has come under IRS scrutiny.

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1

Jul

2014

Governor Pat Quinn signs same-day voter registration bill

Author: Editor

Illinois residents will be able to register to vote on Election Day, have more time to vote early and not be required to bring photo identification to vote early under a plan signed into law Tuesday by Gov. Pat Quinn.

Supporters wanted a trial run with the new rules, so the law only applies to the elections in November, with the goal of expanding it later.

Quinn called the plan critical to a democracy and said he wanted to make voting “as easy as possible.”

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1

Jul

2014

IDOT buys an airport in Will County

Author: Editor

The Illinois Department of Transportation has purchased Bult Field – a general aviation airport near Monee and a key component of the state’s overall plan to develop the South Suburban Airport – for $34 million.

The transaction covers 288 acres, including the airport’s 5,000-foot runway, taxiway, hangars and terminal, as well as additional farmland surrounding the airfield near Monee.

“This acquisition marks a defining milestone for the South Suburban Airport,” Susan R. Shea, IDOT’s director of aeronautics, said in a news release on the acquisition. “The Bults are true aviation enthusiasts who built one of the finest general aviation airports in the country. This ownership transition will be as seamless as possible for airport users.”

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28

Jun

2014

Remap group pulls plug after judge's ruling

Author: Editor

A group that mounted a $3 million effort to ask voters this fall to take politics out of the redrawing of legislative boundaries dropped its effort Friday, hours after a Cook County judge tossed the proposed constitutional amendment from the Nov. 4 ballot.

Judge Mary Mikva’s ruling proved to be the death blow to the drive by the Yes for Independent Maps organization, which already had been under pressure to prove to the State Board of Elections that it had obtained nearly 300,000 valid signatures from voters to secure a fall ballot spot.

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27

Jun

2014

Governor Quinn, Senator Durbin, Union Pacific Announce $90 Million Investment in West Line, Celebrate End of $82 Million CREATE Project

Author: Editor

Governor Pat Quinn today was joined by U.S. Senator Dick Durbin (D-Ill.) and Union Pacific Railroad President and COO Lance Fritz to announce that the Union Pacific (UP) and the Illinois Department of Transportation (IDOT) are making a significant investment in Metra’s West Line. Each will invest $45 million for the construction of a new third main line track on the UP/Metra’s West Line, from River Forest to Melrose Park and then from West Chicago to Geneva. The announcement is part of Governor Quinn’s agenda to create jobs and build a 21st century infrastructure that will drive Illinois’ economy forward.

“Today we are investing in jobs that will help solidify Illinois’ status as the premier rail center of the nation,” Governor Quinn said. “This final piece of the West Line improvement program will enhance commuter and freight travel on one of our state’s busiest rail lines. Building world-class infrastructure is vital to a healthy economy and today’s investment will help get us there.”

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P.O. Box 4242 | Joliet, IL 60434 | Email: members@willcountydemocrats.com

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