Oregon Passage of Taxes on Business and High Income Earners

[Leisesturm]

Originally Posted by freedom

Do you know very many business owners? All i hear is that they are going to do everything possible to keep money from going to the state. There are loop holes in every extortion plan.
These tax increases have angered like you wouldn't believe, the result will be further unemployment, greater state debt, local gov't collapse, and the regulations and restrictions on freedoms, mainly the pursuit of happiness.

The PRO tax movement created a class warfare dogma that will not be quelled. Rich and poor will fight against eachother and the state of the state will only get worse.

WAKE UP. This isn't hyperbole, this is Oregon.

See, this is what I don't get. If they aren't going to pay the taxes, why are they so wrought about them? Why are they laying of their workforce? Could it be that they were going to lay them off anyway?! The rich want anyone thinking about coming after their wealth to be afraid. Very afraid. Thing is, they have been showing just how much they really care about jobs. They have had it relatively good, taxwise for quite a few years now. Hey, how's that working for us?! Can it get any worse for us? Maybe, that's why we need those Benjamin's. Tax them.

H

[philmyguns]

I think it might be a booming economy had Bush not allowed your friends Barney Frank and Franklin Raines to fool around together.

[karlsch]

I just read about Chicago which made me remember this old thread. Low tax Chicago trying to lure Oregon businesses after our tax increase.

Originally Posted by rhodan653

..........
For virtuous tax competition, we usually think of Hong Kong. But who would have thought of Chicago as a lower-tax refuge?
The bright idea comes from Chicago Mayor Richard Daley, who is looking to lure employers from Oregon after that state's voters approved a huge tax increase last week. The tax hike in Oregon "will help our economic development immediately. You'd better believe it," Hizzoner told the Chicago Sun Times late last week. "We'll be out in Oregon enticing corporations to relocate to Chicago."

How did that low tax work out for you, Chicago? Moody’s Downgrades Chicago Credit Rating To ‘Junk’ Bond Status « CBS Chicago

Like it or not, sometimes taxes are necessary. Ya gotta pay for stuff.

[ccjarider]

Thanks for resurrecting this old thread.

It was interesting to read how Socialist this state was 5 yrs ago. Things probably haven't changed much. It sure seems like a backwards place from an economic point of view.

The "important issues," the current legislative branch and governor seem to be keying on prove that point.

I am sure many in Portland would vote again to stick it to the "rich."