U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > Oregon > Portland
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 12-18-2013, 07:47 PM
 
Location: the Beaver State
6,468 posts, read 11,091,317 times
Reputation: 3513

Advertisements

Quote:
Originally Posted by urbanlife78 View Post
I actually think these down cycles is actually what makes Oregon's system better, we trim what isn't needed and restructure for the next boom cycle. Though I do wish Oregon would invest more into a rainy day fund during those boom cycles to soften the damages of a down cycle.
If there is extra, it gets refunded back to the Citizens. There has been talk of reversing that, which probably would be a great idea for exactly that reason.
Reply With Quote Quick reply to this message

 
Old 12-18-2013, 07:48 PM
 
Location: Portland OR
1,823 posts, read 2,608,042 times
Reputation: 2197
Quote:
Originally Posted by urbanlife78 View Post
Not true, they have a weird half sales tax in Jersey that makes no sense to me, but you are right, Oregon has done just fine without it, no point in changing that now.
Curious as to what is the metric that allows you to say "Oregon has done just fine."

I believe Oregon chases wealth away. Perhaps that is OK to some but in general, having people of means also provides opportunity to serve the wants and needs of same.

I have only lived here for a few years but I already know, I will not stay here in retirement. Income tax is way too high. Further, why would I allow my estate to be attacked by bureaucrats in Oregon via to a wealth tax upon death?

You have to face the fact that people will act in ways that are in their best interests and that may not be good for Oregon long term. Oregon is generally a low wage state. This is due to low economic activity.
Reply With Quote Quick reply to this message
 
Old 12-18-2013, 07:49 PM
 
121 posts, read 129,683 times
Reputation: 93
Quote:
Originally Posted by urbanlife78 View Post
Not true, they have a weird half sales tax in Jersey that makes no sense to me, but you are right, Oregon has done just fine without it, no point in changing that now.
I am making a sarcastic reference to California . They just keep wanting more and more!
Reply With Quote Quick reply to this message
 
Old 12-18-2013, 08:11 PM
 
Location: Portland, Oregon
46,055 posts, read 28,062,847 times
Reputation: 7823
Quote:
Originally Posted by ccjarider View Post
Curious as to what is the metric that allows you to say "Oregon has done just fine."

I believe Oregon chases wealth away. Perhaps that is OK to some but in general, having people of means also provides opportunity to serve the wants and needs of same.

I have only lived here for a few years but I already know, I will not stay here in retirement. Income tax is way too high. Further, why would I allow my estate to be attacked by bureaucrats in Oregon via to a wealth tax upon death?

You have to face the fact that people will act in ways that are in their best interests and that may not be good for Oregon long term. Oregon is generally a low wage state. This is due to low economic activity.
Suit yourself, I will be happy to replace your spot in Oregon.
Reply With Quote Quick reply to this message
 
Old 12-19-2013, 12:34 AM
 
Location: Myrtle Creek, Oregon
10,866 posts, read 11,297,636 times
Reputation: 16818
Quote:
Originally Posted by ccjarider View Post
It would be naive in the first place to think that Oregon government could in any way shape or form, have significant ability to reduce an unemployment rate.
You must not be old enough to remember Vic Atiyeh. That little Lebanese rug merchant spent more time in Asia than he spent in Oregon, developing trade contacts. He brought many thousands of jobs to the state, virtually single handed. His contacts were impressed that Oregon didn't just have a trade delegation, our governor was there talking to them.

There is a lot that a government can do to promote economic development, if there is somebody who knows how in the driver's seat.
Reply With Quote Quick reply to this message
 
Old 12-19-2013, 02:07 AM
 
Location: Pacific NW
6,415 posts, read 9,977,887 times
Reputation: 5773
Two legislators bringing up the topic of a sales tax, yet again. doesn't seem like anything "gaining steam."
Reply With Quote Quick reply to this message
 
Old 12-19-2013, 08:43 AM
 
Location: Portland, OR
8,803 posts, read 7,246,697 times
Reputation: 4495
Quote:
Originally Posted by EnricoV View Post
Two legislators bringing up the topic of a sales tax, yet again. doesn't seem like anything "gaining steam."
Discussion in the legislature is certainly gaining steam. This will be on the ballot next year.
Reply With Quote Quick reply to this message
 
Old 12-19-2013, 10:45 AM
 
Location: The beautiful Rogue Valley, Oregon
6,739 posts, read 14,464,714 times
Reputation: 8668
It makes sense to divide the tax revenue sources and build on a three-legged pillar (income, property, sales) instead of just two (income, property). The advantage of a sales (consumption) tax is that it can be tailored to exempt essentials (food, medicine). In tough times a family can cut back (to a certain extent) on spending and drop what they pay in sales taxes - but income and property taxes are more-or-less fixed. It also taps into one of Oregon's cash crops - tourists, who currently pay only the gas tax and the (often uxorious) hotel taxes.

The problem is that no one trusts the Legislature very far. Say the income tax was halved and a sales tax brought in at a rate to generate the remainder. No one trusts that the taxes will stay at those rates.
Reply With Quote Quick reply to this message
 
Old 12-19-2013, 01:48 PM
 
Location: Portland, Oregon
46,055 posts, read 28,062,847 times
Reputation: 7823
Quote:
Originally Posted by VTHokieFan View Post
Discussion in the legislature is certainly gaining steam. This will be on the ballot next year.
Doubt it will end up on a ballot next year and even if it does, it will more than likely be voted down by a huge majority.
Reply With Quote Quick reply to this message
 
Old 12-19-2013, 01:51 PM
 
Location: Portland, OR
9,592 posts, read 9,359,331 times
Reputation: 9192
I'm just saying... all the time I lived in NYC, I never knew any rich people. Since moving to Oregon I know some truly wealthy people on a first name basis. A couple of which I can actually consider friends. Unfortunately it hasn't made any dent in my own finances but that is mainly because I would die first before asking anyone for anything. Ever. My point is that some of these people are retirement age and they are not heading anywhere to protect their wealth from the scabby hands of the Oregon Internal Revenue System. Maybe there is more to things than raw numbers? Ya think?

I've got a question though, about the how of it. How does a sales tax state like WA, know that every point of sale is being properly recordied on their gross recepts, and otherwise giving them all of what we have given them to give to the IRS on our behalf? Call me paranoid, but I see a sales tax system as an opportunity for massive fraud across the board. I see that several states work that way and I suppose they just look the other way at what fraud they know must be going on. I don't know. That's why I'm asking.

I personally like knowing what I am paying for something. As one who has lived in a high sales tax state, it isn't fun when they play price games with you to keep the true hit of a 9% sales tax from keeping you from making a purchase. And, make no mistake, 5% would just be the beginning. In our lifetimes we would see 8%, if not 9%. And we'd still be at deaths door financially. Casino gambling could be legalized on the South Waterfront and the city would remain at deaths door financially. No matter how much money a city like Portland could tax into its coffers, special interests could find a way to direct into their own pockets. Corruption is legendary in places like New Jersey, New York and Michigan but do you think that that means that it doesn't exist in other places?

H
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Options
X
Data:
Loading data...
Based on 2000-2016 data
Loading data...

123
Hide US histogram

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > Oregon > Portland
Similar Threads
View detailed profiles of:
Follow City-Data.com founder on our Forum or

All times are GMT -6.

2005-2017, Advameg, Inc.

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top