Skillicorn Economic Growth Mailing

Here’s a post card devoted to tying State Rep. candidate Allen Skillicorn to support of economic growth.

A gravel pit, a bakery and construction are emphasized on the address side of this piece.

The small print talks about Workers’ Comp law that needs repealing.

This piece aims at superficial readers who focus on the need for more jobs and businessmen who think Workers Comp costs are too high.

This piece aims at superficial readers who focus on the need for more jobs and businessmen who think Workers Comp costs are too high.

The back has a picture of a warehouse, which Skillicorn wants more of.

Allen Skillicorn touts his former membership on the Northern Kane County Chamber of Commerce on this side.

Allen Skillicorn touts his former membership on the Northern Kane County Chamber of Commerce on this side.


Comments

Skillicorn Economic Growth Mailing — 13 Comments

  1. Is there any real data getting rid of worker comp costs will bring more jobs to IL?

  2. Last mailer he spoke of “sucesses” now it’s the “Bad state polices”

    Perhaps Mr. Skillicorn should learn to spell correctly before pursuing higher office.

  3. There are four people in this race.

    Only one stands out to be worthy of our support.

    His primary slogans of “un-bought, un-bossed, un-bullied” say it all.

    Paul Serwatka is in the race for you and all the children of the state – they will be paying for our debts!!.

    Serwatka will work tirelessly and will NOT be swayed by the public service segment in Springfield.

    The other three are in the race for one reason: personal gain.

    Dan Proft will do most anything to get some political influence in Springfield and his protege is being led with a Proft ‘shock’ collar around his expanding waist.

    The other male and the female in the race are in this for one reason: To improve their personal income.

    Paul is the only one in the race who will not be influenced by the Progressives in Springfield as Barb Wheeler and Pam Althoff already have.

    We do not need more compromise!

    We need more McSweenys!

    The most important thing to do between now and March 17 (too late) is to get out and vote!!!

    There are about 70,000 registered voters in McHenry County who have never voted. Many of them live in the 66th district.

    If you want to verify that YOU or your neighbor is registered to vote, you can go to: http://www.elections.il.gov/votinginformation/RegistrationLookup.aspx

  4. Paul Serwatka will enter Springfield not owing anything to anybody other than his constituents.

    No other candidate in the 66th can honestly make that claim!!

  5. The reason our state is in trouble is that the voters approved an (Agenda 21 term) UNSUSTAINABLE pension system for the public sector!

    No amount of economic growth will fix that!! We have two choices:

    1. raise taxes

    2. change the constitution and reduce spending!
    Most candidates running for office this year are spouting that they will increase economic growth! THAT is NOT the answer!!!

  6. A candidate buying his/her own way into office does not make make them a better representative of the people.

    Having large sums of money that you can spend on your own campaign shouldn’t be a selling point of any candidate.

    If Paul thinks that makes him look better as a representative of this district, think again!

  7. Questioning on,

    You forgot the third and by far the most common sense choice:

    abandon Illinois

    as tens of thousands of residents and businesses have already done or are planning on doing.

  8. Maybe Skillicorn should change his name to Skill-a-con.

    His lame Lil’ Jebbie Bushlike mailing is WAY TOO LATE.

  9. Re: “A candidate buying his/her own way into office”
    That is one of the dumbest comments I have seen!

    Serwatka is not by any means a ‘rich’ person.

    He is spending money he and his family had ‘SAVED’.

    There is not one candidate running for any office who has not sacrificed a portion of their lives and risked placing their personal lives up for all to see, ridicule and criticize.

    Paul went a step further and is spending his own money to ensure he can serve with no strings.

    For that he is to be congratulated – not criticized.

    Do you really think any of the other candidates are as committed to working on your behalf?

  10. Let’s face it…Skillicorn is a career politician and Serwatka doesn’t know anything about what’s going on outside of Google.

  11. Is that why he wasnt at the NW Herald interview?

    No chance for Google prep?

  12. I’ve said it once, and I’ll say it again:

    “It is definitely better for a candidate to be able to raise their own campagin money from supporters and the voters themselves.

    That is much better than getting enormous donations from special interest groups with their own agenda or a person using their own affluence to buy their place in the race.

    Dan Wilbrandt seems to be the only candidate with a grassroots campaign who is actually backed by the people.”

  13. What “Economic Growth” can mean is the re-direction of public funds toward private interests –sales tax and property tax abatement, gifts and grants of land and cash—which are commonly owned resources of the community at large being funneled at the discretion of local political rulers to certain individual interests.

    Property tax burdens (for funding of schools and government) are thus shifted from commercial to residential properties.

    Whether or not the general principal has been applied successfully in other areas, the Specific strategy has NOT succeeded in many areas of McHenry County.

    I believe this is due to the inflection point of Property Tax Rate Black Hole being triggered.

    Below a certain property tax rate, communities can withstand some misapplication of public funds, because home values are buffered from the negative effect.

    Why buffered?

    Fungibility of housing investment value.

    Because at property tax rates within the normal range, individuals can afford the conversion between selling a house ‘here’ and buying a house ‘there’.

    Homes capitalize extremely high costs of carry (such as property tax rates which are more than double the national average), and so buying a house ‘here’ means falling further behind ‘normal’ home value each year the owner carries the cost of the house in excess of national averages.

    Once a certain property tax RATE is exceeded (at the inflection point), an Economic Black Hole is created.

    Black Holes exert a sucking force which overwhelms any other forces within its reach.

    Home prices can only decline relative to home values in other areas and relative to general inflation.

    “Economic Growth” is an ineffective force, in that it has no impact on the Economic Black Hole sucking force, which sucks all value from local (taxpaying) property.

    When property tax Rates exceed a certain number, home values are pressured lower, for two objective reasons:

    homeowners have an anti-incentive to spend money on improvements or upkeep and instead are racing to the bottom for their own tax assessment to be made lower than their neighbor’s,

    and,

    the pool of potential buyers for a home with anomalously high tax rates is severely diminished by the reduced capacity of more than 50% of potential buyers (median income households and lower–HALF the population) to qualify for conventional mortgages —the high tax rate causes the monthly mortgage payment to be higher than the allowed ratio for a conventional mortgage loan: 30% of household income.

    As home values spiral downward, the tax Rate climbs ever higher. (Tax Rate is Levy divided by EAV (which is equalized assessed value of taxable property within that taxing district).

    The lower the denominator, the higher the Rate. And as we all know, the numerator– Tax Levy– Never gets lower.

    If ‘Economic Development’ occurs, at the expense of property tax revenues re-routed away from schools toward developers, the tax Rate climbs ever higher.

    Fewer properties are left to pay the ever-climbing levy amount.

    When the Economic Black Hole exists, the community suffers home values dropping faster than national average ( or rising due to inflation but at a slower rate than national average).

    This is important because the ability of a property owner to convert from home equity ‘here’ to home equity ‘there” is significantly impaired, on a cumulative annual basis.

    The discretionary income demanded from each household in order to pay property taxes in excess of ‘normal’ rates has a chilling effect on local economy.

    Households are unable to save for retirement, or college funds for children, or must forego discretionary purchases such as eating out or fixing their roof.

    ‘Economic Development’ occurring at the expense of high-rate-property- taxpayers has what effect on the Economic Black Hole?

    EAV (denominator) does not rise if tax diversions ( i.e. TIFs) exist.

    If property tax money is diverted from schools, schools increase the tax burden on all other taxpayers to make up that deficit.

    Furthermore, 28% of ‘higher wage jobs’ differential goes to Federal and State government in payroll taxes, so is of no help to local community.

    An amount of 15% of ‘higher wage jobs’ differential’ (estimated for median income and below) is spent in a Black Hole Property Tax Community on property taxes.

    The remainder is unlikely to ever trickle into local economy (restaurants, landscapers, tax accountants) because unless wage differential is sufficiently high to impart ‘escape velocity’ to the new wage earners, the Black Hole Effect subsumes all the extra money, as normal (according to national average) household expenditures are once more affordable, and top of that priority list are savings for children’s college, and savings for the worker’s own retirement.

    My conclusion is that “Economic Growth” CANNOT and WILL NOT occur in our Black Hole Property Tax Rate County without siphoning excessive public money (property tax dollars) toward lucky chosen recipients.

    When we weigh the costs and benefits to the citizens of the community who must PAY for the ‘economic growth’ , it is a losing proposition.

    What then, instead?

    Every penny of public funds should be conserved/diverted toward driving the property tax rate back below the inflection point.

    What is the inflection point of property tax rate?
    in my opinion:

    1. the tax rate at which a median income household can qualify for a conventional mortgage loan on a median value home.

    2. the percentage of median household income required to pay property taxes on a median value home exceeding 4% MORE than national average (national average is 3.6% in 2015).

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