Posted on 05/23/2016 7:40:16 PM PDT by Olog-hai
A massive $2.8 billion annual corporate tax hike is likely headed to Oregon voters in November, a move that could create the most aggressive tax climate for big business of any state in the nation.
The ballot proposal comes as raising taxes on the wealthy and large corporations is at the forefront of a national debate especially among Democratic progressives such as Bernie Sanders and much of Oregons electorate about how to close the gaping economic disparities between rich and poor in a post-Great Recession era.
The proposals labor-union backers are just one step from getting the measure on the ballot after submitting 130,000 signatures to state elections officials last week. They say it would tap a tiny portion of Oregon businesses while bringing a huge boost to cash-strapped public education, health care and senior services.
But a long-awaited state analysis, released Monday, found the proposed tax hike would come with major pitfalls for wages, jobs and consumers pocketbooks.
(Excerpt) Read more at hosted.ap.org ...
Bye bye jobs.
Well, those corporations can come on down to Tennessee where we don’t punish job-creators.
Who needs jobs ? The Marxist Boinycrats will give us all free $hit !
Oh, my gosh! Is this even possible? B-b-b-but HOW?
When will people learn that every corporate and business tax get passed through to the consumer?
There are 3 liberal, "progressive" counties that will pass this by a wide margin.
Vote “yes” Oregonians and watch the price of your goods and services increase. Then whine about it.
Ignorance is as ignorance does.
The increases will fund more union members.
I guess we can expect Oregonians to Flee to California for tax relief.
Do I really need a sarcasm tag ?
Idaho and Texas rejoice.
If you would like more information about what's happening in Oregon, please FReepmail me.
Please send me your name by FReepmail if you want to be on this list.
You may get Nike.
Simple, the corporations affected should simply close shop and move outside state lines. See how that feels, stupid commie Oregonians.
No, no, Nike is run by “progressives” and LOVES taxes, they’ll stay in Oregon and just raise the price of their already overpriced shoes.
Wow!Is Oregon going to surpass California as the most business unfriendly state?
New construction, businesses and residents are all over the place here in Nashville.
What other corporations might move?
Intel is pretty much in Arizona at this time.
It’s OK — it’s just other peoples’ money.
You elect communists, Marxist-lites and dumbassed Democrats and this is what you are going to get.
Get out of the way as companies flee the state.
Oregon, welcome to Obama’s unemployment program. You’ve earned it.
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