January 27, 2010
— DrewM Of course, it's all for the children.
Oregon voters approved two special tax measures Tuesday designed to close a $733 million state budget gap. With 80% of the expected vote tallied, the Associated Press reported "yes" voters for Measures 66 and 67 garnered about 54% of Oregon's mail-in ballots.Elections here are by mailed ballot only. Tuesday was the last day ballots could be cast.
Measure 66 increases Oregon's personal-income-tax rate by two percentage points for households earning over $250,000 a year. Measure 67 calls for an increase in the state's minimum corporate income tax, currently $10 a year, and imposes a tax on gross revenues for corporations that do not report a profit.
..."Passage of these measures means we keep core services of education, health care and public safety that Oregon families, businesses, and communities count on," said Oregon House Speaker Dave Hunt, a Democrat who represents Clackamas County. Defeat, he said, would have forced the state to cut nearly a billion dollars more from such services.
The twin ballot measures also served as a gauge of anti-business populism and highlighted a nationwide debate over whether to fix state budgets by targeting the affluent. But they also fueled resentment of "tax and spend" legislators, as well as public-employee unions whose members enjoy job security at a time when thousands here have lost jobs.
Two fearless predictions:
1-Democrats around the country will use this as evidence for claims that people are dying to pay more taxes. Well, to have other people pay more taxes.
2-In about a year there will be a spate of stories about how these measures didn't raise as much money as predicted. How businesses laid off more people than expected and new jobs didn't spring up to replace them.
Liberals never quite understand that people with means won't sit around on their asses while the state confiscates ever increasing amounts of their money and that companies don't actually pay taxes but instead pass them on either through higher costs or savings like firing people.
The people of Oregon might want to ask their neighbors to the south in California how the idea of taxing your way to prosperity works out in the end.
Posted by: DrewM at
07:27 AM
| Comments (169)
Post contains 385 words, total size 2 kb.
Surely shome mishtake?
Posted by: Waterhouse at January 27, 2010 07:29 AM (RwPdb)
Expect to see a bunch of people pick up stakes and move elsewhere, significantly shrinking the amount of people paying for the services used by the rest of the state.
Posted by: Brandon In Baton Rouge at January 27, 2010 07:29 AM (jGaqA)
and imposes a tax on gross revenues for corporations that do not report a profit
That'll teach those greedy corporation to uhh, not make a profit!
Posted by: brak at January 27, 2010 07:30 AM (W5NBA)
Liberals never quite understand that people with means won't sit around on their asses while the state confiscates ever increasing amounts of their money and that companies don't actually pay taxes but instead pass them on either through higher costs or savings like firing people. how the real world works.
Fixed.
Posted by: BeckoningChasm at January 27, 2010 07:30 AM (eNxMU)
Of course, state administrators are never on the chopping block.
Posted by: Alex at January 27, 2010 07:31 AM (Tr7vq)
Posted by: Jack.The.Dipper at January 27, 2010 07:31 AM (gQLr2)
The left will never understand than when you punish something for being successful, that success will dry up - along with jobs.
Posted by: Pre Paid Sex Monster at January 27, 2010 07:31 AM (0fzsA)
Posted by: Waterhouse at January 27, 2010 07:32 AM (RwPdb)
Posted by: rdbrewer at January 27, 2010 07:32 AM (G0BIG)
..and just when we thought health care was dead!
Progressives in the House send a letter to Senator Reid begging him to proggie-on-up.
House progressives organizing to rescue health care reform are pressuring their Senate counterparts to go back to the provision that has most energized the party and a majority of Americans throughout the debate:
THE PUBLIC OPTION
Two House freshmen, Reps. Chellie Pingree (D-Maine) and Jared Polis (D-Colo.), circulated a letter, looking for signatures, that will be delivered to Senate Majority Leader Harry Reid (D-Nev.) on Thursday on behalf of the plan, Polis told HuffPost.
A majority of Americans? spin spin spin ....lie lie lie.
Colorado needs a Scott Brown to run against uber-fake/uber-leftwinger Jared Polis(D).
Posted by: Pre Paid Sex Monster at January 27, 2010 07:34 AM (0fzsA)
Alaska
New Hampshire
Tennessee
Florida
South Dakota
Washington
Nevada
Texas
Wyoming
Posted by: NJConservative at January 27, 2010 07:34 AM (/Ywwg)
Posted by: Insomniac at January 27, 2010 07:35 AM (DrWcr)
Paying more taxes if patriotic.*
Sherrif Joe
* - (limousine liberals and union members are exempt from this statement and any tax increases)
Posted by: B+ Barry at January 27, 2010 07:35 AM (3PqHz)
That is some weapons grade stupid they have up there.
Posted by: Josef K. at January 27, 2010 07:35 AM (7+pP9)
Screw those fatcats who keep the little man down. Make them pay, the greedy bast...
What, you're laying me off and moving to Arizona? Corporations have no loyalty to their employees anymore.
Posted by: libturd at January 27, 2010 07:35 AM (kJLH9)
Face it people, there's no such thing as free Skittles.
Posted by: Rocks at January 27, 2010 07:36 AM (Q1lie)
Expect that number to go up as businesses flee the state because of an increasingly hostile environment.
Posted by: Brandon In Baton Rouge at January 27, 2010 07:37 AM (jGaqA)
To whomever wrote this post(no name)
you forgot the obvious 3rd option
You will see, like New York City, the story of "the rich" either moving out of the area entirely, or buying homes in low tax states like florida or texas and claiming residency there.
Posted by: Ben at January 27, 2010 07:37 AM (wuv1c)
Posted by: Waterhouse at January 27, 2010 07:38 AM (RwPdb)
Elections here are by mailed ballot only. Tuesday was the last day ballots could be cast.
Gee, I wonder why that would be. Not because extra mailed ballots are "found", or inconvient ones lost.
Posted by: TakeFive at January 27, 2010 07:38 AM (/3pxq)
Posted by: CUS at January 27, 2010 07:38 AM (wOGfT)
Tennessee
Posted by: NJConservative at January 27, 2010 11:34 AM (/Ywwg)
Are there any Tenn Morons here? What is Tenn like, seriously. Would you recommend moving there?
Posted by: Rocks at January 27, 2010 07:39 AM (Q1lie)
Measure 67 calls for an increase in the state's minimum corporate income tax, currently $10 a year, and imposes a tax on gross revenues for corporations that do not report a profit.
I missed that part. You can add the 4th prediction of countless businesses going under too. To not make a profit is bad enough, to then be taxed on top of that is nothing short of destruction of the business. I bet companies that run on small margins will be out of business in no time, specifically the smaller logging businesses. The show AX Men will become Unemployment Line Men.
Posted by: Ben at January 27, 2010 07:39 AM (wuv1c)
Posted by: DFCtomm at January 27, 2010 07:41 AM (RHvgh)
Posted by: fluffy, Massholio at January 27, 2010 07:41 AM (4Kl5M)
Posted by: rplat at January 27, 2010 07:41 AM (G1ArL)
Oregon is for pussies. When we cross the border into Oregon, we always forget that you're not allowed to pump your own gas there. My husband and I feel like Bonnie and Clyde, trying to top off the tank before the kid working the service station can catch us.
Oh, and the name "Oregon" . . . comes from an aboriginal phrase meaning "River of Slaves." Oregon was the place other tribes came to purchase their, uh, workforce. Before the evil white man, even.
Now that the gov'tment can confiscate more of their earnings, it's once again a river of slaves.
Posted by: Jade Sea at January 27, 2010 07:41 AM (1unj7)
Elections here are by mailed ballot only. Tuesday was the last day ballots could be cast.
Gee, I wonder why that would be. Not because extra mailed ballots are "found", or inconvient ones lost.
Wow really? Imagine if they had a ballot concerning making pay cuts to the United State Postal Service. You don't think that ballots from conservative towns would be lost in the mail do you? Talk about a recipe for fraud, corruption and disenfranchisment
Posted by: Ben at January 27, 2010 07:42 AM (wuv1c)
Oregon has assisted suicide, now they have economic suicide.
Posted by: zmdavid at January 27, 2010 07:42 AM (OaHs6)
Posted by: tachyonshuggy at January 27, 2010 07:42 AM (yUybe)
I dunno about the rest of the state, but in eastern TN (Chatanooga area) it rains almost as much as in Seattle.
Posted by: Farmer Joe at January 27, 2010 07:43 AM (z4es9)
Behold the new progressive "bait and switch".
1. Introduce legislation that places an undue burden on businesses.
2. Watch as tax revenues decline while businesses relocate to friendlier states (or countries) leaving a trail of unemployment in their wake.
3. Blame businesses for the reduced tax revenue!
If'n that there ain't progresss, I don't know what is.
Posted by: BackwardsBoy at January 27, 2010 07:44 AM (i3AsK)
Posted by: Agnostica at January 27, 2010 07:44 AM (gbCNS)
They DID as Commiefornia voters to raise sales taxes 1 cent. They granted it temporarly.
...reciepts went down...
bwahahahaaa!
Posted by: torabora at January 27, 2010 07:44 AM (CH5ak)
Posted by: fluffy at January 27, 2010 07:46 AM (4Kl5M)
Posted by: Truman North at January 27, 2010 07:47 AM (e8YaH)
I know people in the north end of the state (above Redding) who drive to Medford for big ticket item purchases, as OR had no sales tax. However, this initiative amounts to a hidden sales tax, as businesses pass on the costs to consumers.
Posted by: Curmudgeon at January 27, 2010 07:47 AM (ujg0T)
Posted by: DFCtomm at January 27, 2010 07:47 AM (RHvgh)
As said above, just needs repeated, a tax on the top line? This is bat scat crazy. Does this include S-corps, where the owner pays the taxes personally? Why not just pass a law where business is illegal?
Posted by: Guy Fawkes at January 27, 2010 07:47 AM (DIYmd)
We've also been going north to live. Which is why I don't think NH will have no income tax or sales tax very much longer.
Posted by: Farmer Joe at January 27, 2010 07:48 AM (z4es9)
Posted by: fluffy at January 27, 2010 07:48 AM (4Kl5M)
#17 Unicorns eat money and shit skittles...wow.
I've been finding skittle piles on lawns for years and eating them. I think that I'll stop now.
Posted by: Hopeful American at January 27, 2010 07:50 AM (CH5ak)
The states without state income tax:
In fairness, Oregon *has*, or perhaps I should say *had* no sales taxes. But hiking taxes on business amounts to one.
Oregon also has lower gasoline taxes than "Caliphony", where I live. However, the pump prices are about the same, because of a "make work" law there that forbids self-service filling stations.
Posted by: Curmudgeon at January 27, 2010 07:50 AM (ujg0T)
Posted by: Bob Mulroy at January 27, 2010 07:50 AM (v4dlN)
Hope Oregon doesn't mind seeing it's "cool" industries suffer.
Posted by: Techie at January 27, 2010 07:52 AM (zbH+i)
I'll bet there are a thousand examples like this:
Washington - no income tax. Idaho - low sales tax.
Live in Eastern Washington and shop the Idaho panhandle.
But taxes don't shape behavior do they now?
Posted by: Jade Sea at January 27, 2010 07:54 AM (1unj7)
Posted by: KilltheHippies at January 27, 2010 07:56 AM (94ai5)
In PA we have 3% Income tax, which is more than I want to pay, but I guess isn't too bad compared with other states.
Also sales tax is 7%
Posted by: Ben at January 27, 2010 07:58 AM (wuv1c)
The people of Oregon might want to ask their neighbors to the south in California how the idea of taxing your way to prosperity works out in the end.
the people of Baltimore might ask why the Colts left for Indianapolis before midnight. they probably think it's because Bob Irsay was an asshole. the real reason is he escaped a special tax the legislature of supergeniuses had approved. In the end, Maryland didn't get the tax money, because there was no longer an entity called the Baltimore Colts by the time the the tax became law, and they ended up giving tax money to Art Modell to move the Cleveland Browns after 20 years of no team or taxes collected on NFL football.
Posted by: PR at January 27, 2010 07:58 AM (k7SeR)
silver lining: fewer californians moving up there. cheers! welcome to economic misery, stupid tree humping hippies.
Like CA, OR leftism is actually quite concentrated. Two atomic bombs - one on downtown Portland, one on Eugene - would make OR a solidly patriot state. Kim Jong Il, pudgy pygmy, are you there? (I keed, I keed).
Posted by: Curmudgeon at January 27, 2010 07:58 AM (ujg0T)
Nevada is going to get some more residents.
Nike will move it's HQ within five years. Any corporation that can move, WILL. Unemployment will soar.
A gross receipts tax is a killer for a public company.
The revenue from these taxes will NOT cover the deficient and Obama and the rest of the nation will be asked to bail them out.
Posted by: Kemp at January 27, 2010 07:58 AM (qvT/A)
But taxes don't shape behavior do they now?
Social engineering comes to mind. In LeftThot that amounts to eating your young because you're hungry.
Posted by: Agnostica at January 27, 2010 07:59 AM (gbCNS)
What a joke. A mail in ballot for the entire state. Oregon deserves whatever they vote for.
Posted by: TexBob at January 27, 2010 08:01 AM (2jp4I)
Posted by: Deval Patrick at January 27, 2010 08:02 AM (4Kl5M)
Posted by: AndrewsDad at January 27, 2010 08:02 AM (C2//T)
On when Lefties say they do, like gasoline or tobacco taxes. Other ones have zero behavioral effects, yesireebob.
Posted by: Techie at January 27, 2010 08:03 AM (zbH+i)
Posted by: Kemp at January 27, 2010 08:03 AM (qvT/A)
Hopefully, all this new tax money will be used to teach economics at Oregon's schools. If you aren't making a profit, how do these fine public servants expect a corporation to pay additional taxes?
Posted by: Mallamutt at January 27, 2010 11:36 AM (V9SYy)
I don't know how much accounting you can do to hide a profit, but it would seem to me that a corporation wouldn't want to fudge that, given pressure from investors.
But I've said it before and I'll say it again: If you want to pass a tax increase that will ensure economic growth, there's only one way to do it: Tax the lawyers.
Posted by: AmishDude at January 27, 2010 08:05 AM (T0NGe)
A lot of these idiots a California expatriates. They fuck up their own state, then move away in order to fuck up someone else's. Same thing has happened in Washington and Nevada.
Posted by: trentk269 at January 27, 2010 08:05 AM (hYr0p)
I swear after this one I'm done. Just gimme that twenty. Just this one time, maaaan. Next week, I'm going straight. Gonna get me a job, too.
Posted by: Oregon State Government at January 27, 2010 08:05 AM (TIGTh)
Posted by: Agnostica at January 27, 2010 08:07 AM (gbCNS)
Posted by: KilltheHippies at January 27, 2010 08:07 AM (94ai5)
Posted by: Vile Roman at January 27, 2010 08:07 AM (iBzKc)
Public-funded assisted suicide is just that important.
Posted by: HeatherRadish at January 27, 2010 08:07 AM (mR7mk)
Social engineering comes to mind. In LeftThot that amounts to eating your young because you're hungry.
Posted by: Agnostica
You are probably right, Agnostica. BTW I wouldn't care if the left eats their own young . . . they shouldn't be reproducing anyway. But Obama and other leftists are eating MY young, devouring their income and destroying their freedom before they have even graduated high school.
Posted by: Jade Sea at January 27, 2010 08:08 AM (1unj7)
The people must suffer for their choices to raise taxes. You can warn them. You can sound the alarm. You can be the first guy to hop on his horse and warn everyone that the British are coming. But in the end you need either major street credibility on the subject or the people just have to take the pain of their choices.
Posted by: WTFCI at January 27, 2010 08:09 AM (GtYrq)
>> Measure 66 increases Oregon's personal-income-tax rate by two percentage points for households earning over $250,000 a year.
I'm shocked that a majority of state voters would support such a thing.
Posted by: Dave in Texas at January 27, 2010 08:11 AM (WvXvd)
For the first time in my adult life, I am ashamed to live in Oregon.
I was born here and lived here for 51 yrears. I don't want to move, yet I am a self employed small business owner who needs a healthy economy to survive for the long term.
Portland and Eugene are now more progressive than S.F. and they're proud of it.
This was pushed by the Government employees unions (mainly teachers) and the SEIU.
Can you imagine what it will do to business having to pay tax on their gross receipts rather than net? Oregon already has one of the highest unemployment rates in the country. After this, I fear we will have our own depression here.
Posted by: Hamilton Burger at January 27, 2010 08:16 AM (UmOcE)
Posted by: Old Hippie Vet at January 27, 2010 08:18 AM (3IZGh)
>> Measure 66 increases Oregon's personal-income-tax rate by two percentage points for households earning over $250,000 a year.
I'm shocked that a majority of state voters would support such a thing.
Posted by: Dave in Texas at January 27, 2010 12:11 PM (WvXvd)
I'm not. The majority of voters figure they'll never earn that much. If we do get hyperinflation, though, it will turn out to be a real bite in the ass for a lot of them, though.
I do love irony.
Posted by: Josef K. at January 27, 2010 08:20 AM (7+pP9)
I'm shocked that a majority of state voters would support such a thing. Posted by: Dave in Texas at January 27, 2010 12:11 PM (WvXvd)
If you saw these fuckwits you wouldn't be, trust me!
Posted by: Old Hippie Vet at January 27, 2010 08:20 AM (3IZGh)
Posted by: Ted Kennedy's Gristle Encased Head at January 27, 2010 08:20 AM (+lsX1)
@70: The people of Oregon might want to ask their neighbors to the south in California how the idea of taxing your way to prosperity works out in the end.
A lot of these idiots a California expatriates. They fuck up their own state, then move away. . .
If leftists just stayed put and crapped in their own beds, but stayed there, I wouldn't have such a problem with them. But they want to feel good, while they screw up a place, then move on to destroy another conservative town later. New rule: if you vote Democratic/Socialist - you have to stay put in the town or county in which you cast that vote.
Posted by: Jade Sea at January 27, 2010 08:20 AM (1unj7)
Posted by: WTFCI at January 27, 2010 08:21 AM (GtYrq)
Hopefully, all this new tax money will be used to teach economics at Oregon's schools. If you aren't making a profit, how do these fine public servants expect a corporation to pay additional taxes?
Posted by: Mallamutt at January 27, 2010 11:36 AM (V9SYy)
That's the problem, they don't have to make a profit with this tax because they're taxed on their gross. You can actually lose money and still be required to pay the state.
Posted by: Hamilton Burger at January 27, 2010 08:25 AM (UmOcE)
Posted by: nostradamus' 401k at January 27, 2010 08:25 AM (PD1tk)
Posted by: California Legislature at January 27, 2010 08:25 AM (7uWb8)
And I'll bet most of the 65% believe that nothing will change as a result, and that unemployment will not continue to rise.
Posted by: OregonMuse at January 27, 2010 08:27 AM (hoowK)
Tell me about it. I've been funemployed since last May.
Posted by: OregonMuse at January 27, 2010 08:27 AM (hoowK)
Posted by: Techie at January 27, 2010 08:29 AM (zbH+i)
whatever happened to the neutron bomb anyway? that always sounded like such a great idea
I am convinced that the neutron bomb, invented at Lawrence Labs (UC Berkeley) was inspired by looking at the town. Lots of pretty buildings, just take away the people.
Posted by: Curmudgeon at January 27, 2010 08:30 AM (ujg0T)
There's no golden goose here, pal. He left he state years ago, torn, bleeding, and cryng for lube.
Posted by: OregonMuse at January 27, 2010 08:31 AM (hoowK)
Posted by: WalrusRex at January 27, 2010 08:31 AM (xxgag)
I left my job last May to push through with school and because it looked like I was on the chopping block anyway, and at this point it doesn't look like there's going to be much for me to go back to once I'm done. I'm starting to think my options are going to be either move to Texas like I'd originally planned, or further north to WA or AK. Shame, really. I came north in part to ESCAPE CA, looks like I just bought myself an all too brief reprieve.
Posted by: Militant Bibliophile at January 27, 2010 08:32 AM (UmIN1)
And what's hilarious about this stupid law is that they claim it's for "safety" reasons. Like you're going to, what, accidentally stick the gas nozzle up your own ass?
Posted by: OregonMuse at January 27, 2010 08:34 AM (hoowK)
The campaign against was called Oregonians agaisnt job killing taxes, and that is EXACTLY what these are. The way they got passed was because of the current $10 min corp tax, and the new $250,000/couple threshold.
Those things are simply hard to defend against in an extremely bad economy.
Our unemployment is consistently second only to Michigan, and our industrial base has already been gutted. The rest are going to flee with all due haste.
Oregon, it's Michigan with prettier scenery.
Hopefully this keeps the Californians out at least.
Posted by: s'moron at January 27, 2010 08:34 AM (5Rk0z)
Posted by: Techie at January 27, 2010 08:36 AM (zbH+i)
I'm living in Ed Schultz's studio!
Posted by: s'moron at January 27, 2010 08:38 AM (5Rk0z)
Posted by: Portland at January 27, 2010 08:39 AM (zbH+i)
Gee could that be because their fabulous medical care for everyone program is draining money out faster than it can be replaced?
The people of Oregon are about to discover what NYC did. Wealthy people ARE MOBILE.
Posted by: GarandFan at January 27, 2010 08:39 AM (ZQBnQ)
That was the last real gasp for a resource economy. What I wonder is how the fuck can farms even stay in business with a gross receipts tax?
Maybe we can fix it some during the special session next month, but with those margins on the vote, I doubt it.
Posted by: s'moron at January 27, 2010 08:39 AM (5Rk0z)
And what's hilarious about this stupid law is that they claim it's for "safety" reasons. Like you're going to, what, accidentally stick the gas nozzle up your own ass?
When I drive to any other state, I normally rejoice at the much lower gas taxes and prices, but not OR. It's just as bad as CA.
Posted by: Curmudgeon at January 27, 2010 08:41 AM (ujg0T)
Posted by: s'moron at January 27, 2010 08:41 AM (5Rk0z)
As an Oregonian, I can honestly say: Oh Fuck.
This was a HUGE Union/ Public employee pay raise, plain & simple.
We are at 11.5% unemployment. Just wait until the tax takes effect.
14%? 17%?
Even the lib newspapers in Oregon was against this tax hike.
We are all fucked.
Posted by: portlandon at January 27, 2010 08:41 AM (Rae8B)
Face it people, there's no such thing as free Skittles.
Posted by: Rocks at January 27, 2010 11:36 AM (Q1lie)
Due to the Unicorn skittle shortage, caused by 8 years of failed Bush policies, we will propose instead to substitute horses. Let me be clear, you will get the equine excrement for free from my stash just as I promised.
Posted by: Barack Obama at January 27, 2010 08:42 AM (7BU4a)
Posted by: Portland at January 27, 2010 08:43 AM (zbH+i)
Two fearless predictions:
1-Democrats around the country will use this as evidence for claims that people are dying to pay more taxes. Well, to have other people pay more taxes.
2-In about a year there will be a spate of stories about how these
measures didn't raise as much money as predicted. How businesses laid
off more people than expected and new jobs didn't spring up to replace
them.
And you can add a third one:
3 - This is the first tax hike enacted since Oregon's idiot voters repealed their supermajority rule for tax bills a year or so ago. Tax hikers will be emboldened by this and will propose even more tax hikes. Especially when prediction #2 comes to pass.
Posted by: OregonMuse at January 27, 2010 08:44 AM (hoowK)
Due to the Unicorn skittle shortage, caused by 8 years of failed Bush policies, we will propose instead to substitute horses. Let me be clear, you will get the equine excrement for free from my stash just as I promised.
Mules. According to the "gay marriage" advocates, a mule is a horse. Let them ride mules.
Posted by: Curmudgeon at January 27, 2010 08:45 AM (ujg0T)
Posted by: Techie at January 27, 2010 08:45 AM (zbH+i)
I've lived here for over 25 years, and whenever a national recession hits, Oregon is always the first one to feel the effects and the last one to recover when the recession ends.
Posted by: OregonMuse at January 27, 2010 08:47 AM (hoowK)
Yeah, I'm in Eugene. I'm even a U of O grad.
Posted by: OregonMuse at January 27, 2010 08:48 AM (hoowK)
Posted by: Boise, Idaho at January 27, 2010 08:50 AM (wPZU5)
Thread winner. The public pension funds in this state have taken a beating in the recession, so the unions are starting to get panicky.
Posted by: OregonMuse at January 27, 2010 08:51 AM (hoowK)
Any year in which a deficit either happens or is projected, the difference shall be taken out of state employee payroll - starting at the top.
This has sucks in the 'punish the rich' idiots, and makes the 'idiots in charge' be a little more circumspect in their steering of the ship-of-state.
Posted by: Al at January 27, 2010 08:53 AM (0lyUI)
The hippies killed off logging in this state years ago.We're all going to get rich by cutting each other's hair.
Posted by: OregonMuse at January 27, 2010 08:53 AM (hoowK)
2 Measure 67 calls for an increase in the state's minimum corporate income tax, currently $10 a year
Surely shome mishtake?
No mistake, and I think you figured it out, but to spell it out, the $10 corporate minimum tax was on corporations not making a profit. The new minimum is $150, but even that number is a smokescreen since it scales up based on gross revenue. Some number of businesses with high volume sales but trying to tough out a year breaking even or posting a loss are going to have to look at moving states or just shutting down. This thing truly is contemptibly stupid.
And I agree with posters above. Rural Oregon is surprisingly red-state country, but the urban population corridor has the numbers to run the state. There's a sincere state secession movement in southern Oregon, despite the long odds against that happening.
I dunno, time to look at Texas I guess. I just hate to surrender my home state.
Posted by: Dave R. at January 27, 2010 08:57 AM (NIxB1)
Yeah, I'm in Eugene. I'm even a U of O grad. Posted by: OregonMuse at January 27, 2010 12:48 PM (hoowK)
Damn!! That's almost as bad a living in Portland....hey, do you want our mayor?
Posted by: Old Hippie Vet at January 27, 2010 08:58 AM (3IZGh)
Posted by: Teleprompter of North Mexico at January 27, 2010 08:59 AM (+Z5RN)
Come to think of it, the local rag, which I've never seen not endorse any proposed tax hike, was strangely silent on this one. Or perhaps not so strange.
Posted by: OregonMuse at January 27, 2010 08:59 AM (hoowK)
Muse, I remember you as being in the Valley, right? Where you at Hamilton?
Yeah, I'm in Eugene. I'm even a U of O grad.
Eugene? Why are you in a Kraut uniform?
Posted by: Ben at January 27, 2010 09:00 AM (wuv1c)
Hell, you can have ours. Like Obama, she's both "progressive" and incompetent.
Posted by: OregonMuse at January 27, 2010 09:02 AM (hoowK)
Eugene? Why are you in a Kraut uniform?
Band of Brothers! One of the few shows that come along every so often that keep me watching otherwise GayBO.
So--did Lieutenant Spiers gun the prisoners down?
Posted by: Curmudgeon at January 27, 2010 09:02 AM (ujg0T)
Posted by: OregonMuse at January 27, 2010 09:03 AM (hoowK)
Posted by: OregonMuse at January 27, 2010 09:04 AM (hoowK)
Liberals never quite understand that people with means won't sit around on their asses while the state confiscates ever increasing amounts of their money and that companies don't actually pay taxes but instead pass them on either through higher costs or savings like firing people.
AMEN!! Brotha Drew...preach it!
Posted by: dananjcom at January 27, 2010 09:05 AM (pr+up)
You left out an important prediction, 3) civil servants will get pay increases well above the rate of inflation.
Posted by: andycanuck at January 27, 2010 09:05 AM (2qU2d)
Hell, you can have ours. Like Obama, she's both "progressive" and incompetent. Posted by: OregonMuse at January 27, 2010 01:02 PM (hoowK)
Thanks but NO THANKS.
We are trying to get another re-call going here for AssBoy Adams.
Posted by: Old Hippie Vet at January 27, 2010 09:06 AM (3IZGh)
How do I know this? A gross receipt tax in WA on casino income combined with the high minimum wage lead to the closure of the business I ran for 10 years. I laid off 135 employees (including myself) back in June. The large tribal casinos (not subject to any taxation) are the beneficiaries of our bankruptcy.
Posted by: Patrick H at January 27, 2010 09:09 AM (o5cb9)
I heard that Ace was talking to these Kos prisoners, and asked them if they'd like a smoke. They say "yes" and Ace screams at them, "This is a fucking smoke-free zone, assholes!!!" and he cuts them down with Thompson fire. Then he says, "Shit, these nicorette sticks don't work worth shit." It's true, man. I heard it from wherestherum from someone who was there when it happened.
Posted by: AoSHQ grunt at January 27, 2010 09:09 AM (2qU2d)
Eugene? Why are you in a Kraut uniform?
Posted by: Ben at January 27, 2010 01:00 PM (wuv1c)
Props for the Band of Brothers reference. Fantastic series.
Posted by: Insomniac at January 27, 2010 09:10 AM (DrWcr)
Negative, kiddies. You sold out when you voted for this collectivist bullshit. Have a nice fucking day.
Hey, Portlanders - if you can get rid of Sam Adams, please elect Christine Gregoire immediately as Mayor to get her out of Washington. thxbai
Posted by: fiatboomer at January 27, 2010 09:16 AM (0Wf6c)
I heard that Ace was talking to these Kos prisoners, and asked them if they'd like a smoke. They say "yes" and Ace screams at them, "This is a fucking smoke-free zone, assholes!!!" and he cuts them down with Thompson fire. Then he says, "Shit, these nicorette sticks don't work worth shit." It's true, man. I heard it from wherestherum from someone who was there when it happened.
Does anyone have an image of an Ewok paratrooper?
Posted by: Curmudgeon at January 27, 2010 09:18 AM (ujg0T)
Posted by: iowavette at January 27, 2010 09:22 AM (0JTac)
Call him by his correct title CHILDRAPER FagAdams.
(and golll-eeee look at all the oregon morons)
Posted by: s'moron at January 27, 2010 09:23 AM (p1s9n)
Posted by: adc at January 27, 2010 09:28 AM (l4wgH)
We might as well donate the entire west coast to either Canada or Mexico, whichever you despise most.
Mexico, please. Please.
Posted by: andycanuck at January 27, 2010 09:31 AM (2qU2d)
Call him by his correct title CHILDRAPER FagAdams.
(and golll-eeee look at all the oregon morons) Posted by: s'moron at January 27, 2010 01:23 PM (p1s9n)
I was just trying to keep it on the polite side, for some stupid fuckin reason which I can't remember now, but I am trying to write and record the orchestra for a new song I am doing and if I get my blood pressure up to much I'll go across the street and beat the livin shit out of one of his backers and then I won't get anything done here...............but I will feel better, that's for sure.
I'm out by the airport, where are you?
Posted by: Old Hippie Vet at January 27, 2010 09:33 AM (3IZGh)
California is like a cancerous tumor that leaks toxic cells to surrounding states, eventually infecting them too. Instead of realizing what forced them to move from the Golden State, the transplants demand their new host states adopt the same policies (and taxes) that caused them to flee. Quarantine California for the safety of the nation!
Posted by: Flying Monkey at January 27, 2010 09:34 AM (Oxen1)
ALASKA!
No state income tax, no sales tax in most communities, and since the people of Alaska own the resources, we get an annual check from the split of the oil revenues.
Posted by: 8starsnorth at January 27, 2010 09:36 AM (JXker)
“It’s absolutely a road map for other states,” he said
No: it's a road map TO other states, states whose citizens aren't a rabble of thieves and Jacobins.
Posted by: Zimriel at January 27, 2010 09:39 AM (9Sbz+)
Yeah, I came here in 1983. Got a real good deal on a house in 1989, so I stayed. It hasn't actually been that bad of a place to live, all in all.
You have a nice blog, by the way, which I never knew about until now. I need to start visiting it.
Posted by: OregonMuse at January 27, 2010 09:46 AM (hoowK)
Thanx to the motor-voter laws, illegals are all voting in Oregon as well.
Posted by: Kristopher at January 27, 2010 09:49 AM (kCEOg)
Posted by: adc at January 27, 2010 09:52 AM (l4wgH)
Oh, and I'm not even going to speculate how my town (Corvallis) went... That shit was a given! Not a single Yes sign outside of city limits of any town under 50,000 that DOESN'T have a college, but Portland and Eugene still swing the state. Blech.
Posted by: Militant Bibliophile at January 27, 2010 09:56 AM (UmIN1)
Posted by: adc at January 27, 2010 10:09 AM (l4wgH)
Seriously, who in God's Name cheers at leveling a tax burden on their fellow man?
Didn't the Vikings and Mongols have a similar shtick?
Posted by: Rodent Freikorps at January 27, 2010 11:17 AM (dQdrY)
Ah, the People's Republic of Oregon... I've travelled in it and lived in it for a little while. This aught to about finish it off.
Oregon is actually two very different regions divided by the Cascade Range. The left coast has all the political power, population, and Marijuana. I feel even more sorry for the conservative east side now.
As a whole, the west side is filled with lazy pot-smoking government wards. This deal will make it worse, as the last three jobs-producing businesses will be over state lines by summer. Really quite an accomplishment.
Posted by: bil at January 27, 2010 11:23 AM (ud9U6)
So by raising my taxes, they lost my tax revenue.
Bitches.
Posted by: johnny_p at January 27, 2010 11:32 AM (ldoxy)
Posted by: byepartisan at January 27, 2010 11:55 AM (/g1Vk)
I'll laugh at the people of Oregon that lose their jobs and homes because business left the state due to such high taxes. You don't have to be a rocket scientist to realize when you raise taxes on business, they go elsewhere and it's YOU that lose.
Oregon voters have no one but themselves to blame when they lose everything they have. Not once ounce of sympathy for idiots that vote against their own self interest. Dems can attempt it elsewhere but it won't work. Most people are sane and realize they will be committing financial suicide for themselves by raising taxes on business.
I didn't think anyone could top California for stupidity but Oregon did
Posted by: How stupid are they at January 27, 2010 12:09 PM (0cUgO)
so it's all cool an' shit.
(yes, all the money will go to covering PERS (public employee retirement at 100%+ OF LAST SALARY) costs)
Posted by: s'moron at January 27, 2010 12:48 PM (p1s9n)
Posted by: Urban criminals robbing suburan homes at January 27, 2010 12:48 PM (CfmlF)
Posted by: runningrn at January 27, 2010 12:54 PM (CfmlF)
Yes, we are a pathetic excuse for a state, yes we are doing our damnedest to chase jobs out, and have already chased many of our wealthy out. I can't believe this. Even the uber-liberal rag The Oregonian recommended voting NO and the measures still passed.
And yeah, our Light Rail is primarily a conduit for bums and gang bangers, though it is heavily used during rush hour by commuters. Except when there is a weather crisis. When it is truly needed is when you can count on it braking down.
Of course, the standard line: "We'll be cutting Teachers, Cops, & Firemen if these don't get passed" was used to cow opposition.
Posted by: Mark in Portland at January 27, 2010 01:33 PM (+45yf)
Posted by: moi at January 27, 2010 01:43 PM (ucsZh)
And just wait, it gets better: the Democrats in congress are going to just let the Bush tax cuts sunset. That's a huge tax increase on businesses which already are scared enough and not hiring. This is going to be like an economic bomb.
And Mark: we don't really appreciate Portland forcing the whole state to pay for your light rail, either.
Posted by: Christopher Taylor at January 27, 2010 01:45 PM (PQY7w)
Yeah, I'm in Eugene. I'm even a U of O grad.
Posted by: OregonMuse at January 27, 2010 12:48 PM (hoowK)
I live west of Portland near Banks. I am an artist and sell my work in Portland (guess where?).
Posted by: Hamilton Burger at January 27, 2010 02:41 PM (UmOcE)
Posted by: byepartisan at January 27, 2010 03:55 PM (/g1Vk)
Yes.
Posted by: Hamilton Burger at January 27, 2010 02:45 PM (UmOcE)
Posted by: Tresjin at January 27, 2010 03:30 PM (l7K0j)
Posted by: neuromancer at January 27, 2010 04:33 PM (GDOa/)
My cretinous fellow Oregonians.
There's only one answer to this deficit/debt problem: starve the politicians of funding. This just allows our tax-and-spend-aholics in Salem to go on another bender.
Posted by: kcs at January 27, 2010 05:39 PM (/8qpd)
Anything approaching that level of taxation would put me under and 17 people would be out of work.
Luckily I don't live in a state that is as economically illiterate as Oregon. But I am going to start eating the lunch of the businesses who ARE based there because I have a huge advantage over them now.
The idiots are cutting their own throats in any industry that isn't anchored there by having to be close to the local population (auto mechanics etc...). In that case they will just pay more and be poorer than everyone else for the extra expense.
Idiots.
Posted by: Voluble at January 27, 2010 06:29 PM (nZNTl)
Posted by: FailedState at January 27, 2010 09:37 PM (kvWgU)
____________________
Let's War Against Diabetes
Posted by: NTDiabetes at December 13, 2010 09:10 PM (8Q0Gg)
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Posted by: Wyatt Earp at January 27, 2010 07:28 AM (CCcDq)