Thursday, February 19, 2009

CNN explains the auto sales tax feature of the Stimulus Plan

Well it will not be very much money to most of us.  It is equivalent to deducting the sales tax  from your taxable income.  You will get back the sales tax times your marginal tax rate.  If you are in the 15% marginal tax rate, that is 15 cents on each dollar of sales tax.

Click below for CNN’s article.

Auto sales stimulus cut back - Feb. 12, 2009

What Federal Stimulus will Boone County receive?

On February 13, 2009 Illinois Department of Transportation announced the $693 million projects that were “shovel ready” and “can be on the special letting in early April”.  There is only one project in Boone County --$3,150,000 for resurfacing Route 20 from Farmington Way to McHenry County Border.  Click on the photocopy to enlarge.

IDOT April 1 IDOT April 2

What will Republican governors do with the Stimulus Bill?

The Guardian Newspaper from England writes of Republican governors considering to refuse  federal stimulus funds on ideological grounds.  Click to view the Guardian article.

World news Feed Article | World news | guardian.co.uk

In case the link no longer is showing this story, click on the small icons which follow.

Guardian 1 guardian 2

Has anyone heard of Midwest Ice Cream?

I have lived in Belvidere for twenty years and never heard of Midwest Ice Cream, Belvidere, Il.  I call the toll free number on the FDA announcement several  times which was busy each time.  Then I call Dean Foods, located at 630 Meadow, Belvidere.  I found out that Midwest Ice Cream LLC was Dean Foods.  My thoughts are:  it is sad what a reputable company has to do to protect its name, reputation and business;  all over a problem which apparently was caused by  some one else.

Looking at the situation from another view, Midwest Ice Cream has always technically been the name of the Belvidere Plant.  Research indicates that Dean allows a great deal of independence to its individual plants and plant managers. Dean markets and operates under many names.  However it is interesting that the name listed  in local phone directories and other  references for the Belvidere facility is Dean Foods.

 

Click on the photocopy to enlarge.

Midwest Ice Cream