Obama to Pitch Making Research Tax Credit Permanent

increase and permanently extend a popular but costly tax credit for businesses’ research expenses, and to pay for it by closing other corporate tax breaks, according to administration officials.

Congress has extended it 13 times for as little as six months, and the uncertainty has long vexed businesses. It lapsed after 2009, and a proposal to renew it for this year is pending in the Senate.

Based on that history, the Treasury would probably give up as much as $100 billion in the coming decade

only research done in the United States is eligible.

Obama to Pitch Making Research Tax Credit Permanent - NYTimes.com

Summary of new issue in the race for Sheriff in McHenry County

 

Saturday, September 4, 2010

Opponents Complain More About McHenry County Sheriff

Investigations into the corruption and apparent suicide of Metra's Executive Director four months ago are beginning to redound onto the McHenry County Sheriff's race.  Democratic challenger Mike Mahon charged Sheriff Keith Nygren's delayed release of 911 records in the case was another example of Nygren's trying to suppress information about "the McHenry County good-old-boy network."
Crystal Lake resident Phil Pagano walked in front of a Metra train May 7 just as he was about to be fired for finagling almost $500,000 worth of improper pay and loans from the transportation agency.  Chicago's Better Government Association asked for the 911 recording of McHenry County's RTA Board Member Al Jourdan who called the Sheriff's Office that day to report Pagano was planning to kill himself.
Nygren refused to release the 911 call and the Sun-Times reported Friday he only gave it up when the BGA threatened to sue.
Nygren told FEN Friday he only withheld the recording because Jourdan gave the dispatcher his phone number and address and his technicians at first couldn't figure out how to redact them from the digital sound file.
Jourdan's address and phone number are readily available on the Internet, however.
On the tape Jourdan identified himself as a friend of Nygren's and in a news release Friday Mahon said that was really why it was withheld.  "Mutual backscratching and personal favors are not the way to conduct the people’s business," it said.
Separately, Tuesday one-time Democratic candidate for McHenry County Coroner Dave Bachmann charged in a blog entry that a secret informant had told him Nygren had hired someone to kill him.
Bachmann who from earlier postings clearly has a mad on against the Sheriff claimed in the entry Nygren put out a contract on him about the time he began investigating his ownership of multiple homes in different states.  Bachmann said his informant had been to see the U.S. Attorney about the supposed hit.
Asked about Bachmann's charge, Nygren said Friday, "I'm surprised you'd even ask that question. I'm not going to waste a minute on that man. My time's too valuable."
U.S. Attorney spokesman Randall Samborn Friday refused to confirm or deny if his office had been contacted about Bachmann's murder for hire allegations.  "We don't comment on what we know or don't know," he said. "Especially in a political campaign," Samborn added.

Click on the following to read the First Electic Newspaper:  http://www.firstelectricnewspaper.com/2010/09/opponents-complain-more-about-mchenry.html#links

Cal Skinner also has much to say about the incident and references for mainline news media.  See:  http://mchenrycountyblog.com/wordpress/wp-content/uploads/2010/09/Pagano-Tape-Release-Blog-+-Sun-Times.png 

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Sycamore to decide on impact fee reduction | Daily Chronicle

reduction would last until Dec. 31, 2010. At that point, the city council, park board and school board would review the results to determine its effectiveness.

Sycamore School Board proposed an 18 percent reduction, which would take its impact fee for a detached, four-bedroom, single-family home from $5,560 to $4,560

park district’s fee discount would amount to roughly 42 percent, and the impact fee for a detached, four-bedroom, single-family home would go from $2,427 to $1,390

Click on the following for more details:  Sycamore to decide on impact fee reduction | Daily Chronicle