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Proposed ballot measure to raise corporate taxes, give every Oregonian $750 a year likely to make November ballot
OregonLive ^ | 06/18/2024 | Carlos Fuentes

Posted on 06/18/2024 10:33:08 AM PDT by aimhigh

Oregon voters will likely decide in November whether to establish a historic universal basic income program that would give every state resident roughly $750 annually from increased corporate taxes.

The proposal, Initiative Petition 17, would establish a 3% tax on corporations’ sales in Oregon above $25 million and distribute that money equally among Oregonians of all ages. As of Friday, its backers had turned in more than 135,000 signatures, which is higher than the 117,173 required to land on the ballot.

(Excerpt) Read more at oregonlive.com ...


TOPICS: Business/Economy; Constitution/Conservatism; Front Page News; Government; News/Current Events; Politics/Elections; US: Oregon
KEYWORDS: 750; bidenville; oregon; taxes
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To: Tell It Right

“if you own a small grocery chain in Oregon”

Wheaties - 3%
Kellogg’s - 3%
Nabisco - 3%
Doritos - 3%


41 posted on 06/18/2024 12:09:37 PM PDT by Brian Griffin
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To: Tell It Right
Sorry, meant to type $105 billion
42 posted on 06/18/2024 12:09:44 PM PDT by palmer (Democracy Dies Six Ways from Sunday)
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To: aimhigh

Why would Khamas and the ChiComs do this?

Surely, America’s destruction was their fault and not Americans’.


43 posted on 06/18/2024 12:10:07 PM PDT by Trumpisourlastchance
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To: aimhigh

Buy in Vancouver, Washington!

I’m going to have to charge you 3% more unless you pay in cash.


44 posted on 06/18/2024 12:14:17 PM PDT by Brian Griffin
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To: E. Pluribus Unum

>”Vote for this and we will split the loot with you.” >

SO OBVIOUS! I feel like I am in a dark tunnel with no way out.


45 posted on 06/18/2024 12:15:44 PM PDT by TribalPrincess2U (Bye done!)
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To: Trumpisourlastchance

“Why would Khamas and the ChiComs do this?”

a congressional seat in eastern Oregon?


46 posted on 06/18/2024 12:17:32 PM PDT by Brian Griffin
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To: MtnClimber

Demand proof that they’re really gone, and until proof is satisfactory that they’ve totally pulled up stakes, keep billing for taxes. California and New York do the same.


47 posted on 06/18/2024 12:17:39 PM PDT by Eleutheria5 (Every Goliath has his David. Child in need of a CGM system. https://gofund.me/6452dbf1. )
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To: Jeff Chandler

Oregon has no sales tax, so the commies probably mean a 3% tax on gross income, because yes, they are that stupid.


48 posted on 06/18/2024 12:20:20 PM PDT by Valpal1 (Not even the police are safe from the police!!!)
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To: Dutch Boy
They are going to be stunned when those corporations they tax to get the “free” money start increasing prices.

If companies were smart...they'd be leaving these liberal areas.

49 posted on 06/18/2024 12:44:25 PM PDT by voicereason (When a bartender can join Congress and become a millionaire...there’s a problem.)
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To: aimhigh

One more example of how socialists hate to see productive people and businesses making money. The owners of productive corporations are already taxed twice on their earnings: once at the corporate level, and again at the personal level on dividends.


50 posted on 06/18/2024 12:47:53 PM PDT by Socon-Econ (adi)
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To: MtnClimber

Easy peasy the dems raise taxes on the ignorant proletariat who smile and nod wiapproval as long as they get their $750, until they are told that it will be restricted to only illegals, drug addicts and homeless


51 posted on 06/18/2024 12:49:26 PM PDT by Mastador1
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To: aimhigh

Excellent!

I’m in the market for real estate in Oregon, and this will destroy jobs sending demand for housing down. I’ll get a better deal. And I’m retired, so I don’t need one of the jobs that will flee.


52 posted on 06/18/2024 1:31:49 PM PDT by Uncle Miltie (Israel, in order: https://freerepublic.com/tag/unclemiltieadventure/index)
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To: MtnClimber

EXACTLY


53 posted on 06/18/2024 1:33:32 PM PDT by ridesthemiles (not giving up on TRUMP---EVER)
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To: Dutch Boy

These payments are not taxable?


54 posted on 06/18/2024 1:41:29 PM PDT by Paladin2
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To: little jeremiah

Lucky you


55 posted on 06/18/2024 1:43:33 PM PDT by thinden (buckle up ....)
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To: aimhigh

$750 a year? Thats $62.50 per month.
What the heck is that for?
That wont pay for a meal for 4 at any restaurant in that state.
Thats not even a good rum allowance.
That would buy enough cheap vodka for each month to pickle the liver.
Talk about pandering to idiots.
Here’s your sign!!


56 posted on 06/18/2024 1:46:28 PM PDT by 9422WMR
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To: conservative_cyclist; ten18; Twotone; VeryFRank; Clinging Bitterly; Rio; aimhigh; Hieronymus; ...
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.
57 posted on 06/18/2024 1:59:13 PM PDT by Twotone
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To: aimhigh
The proposal, Initiative Petition 17, would establish a 3% tax on corporations’ sales in Oregon above $25 million

2024: "Nobody needs to make more than $25 million!"

2025: "Nobody needs to make more than $15 million!"

2026: "Nobody needs to make more than $5 million!"

2027: "Nobody needs to make money! Send it to us so we can distribute it right!"

58 posted on 06/18/2024 2:03:00 PM PDT by Mr. Jeeves ([CTRL]-[GALT]-[DELETE])
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To: aimhigh

How very Communist.


59 posted on 06/18/2024 2:35:32 PM PDT by FreedomPoster (Islam delenda est)
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To: FreedomPoster

Something about “A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves largesse from the public treasury. From that moment on, the majority always votes for the candidates promising the most benefits...” comes to mind.


60 posted on 06/18/2024 2:39:27 PM PDT by Sirius Lee (They intend to kill us. Plan to avoid this.)
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