[larry h]

Issuing cigarette tax bonds? These idiots are making a long-term financial commitment that is directly tied to their own efforts to reduce the activity that pays for....
the bonds!!!!!!!!

[Jack Black]

As long as there are some no-income tax states (two bordering Oregon) I think they may be overplaying their hand. No sales tax is a nice thing when your spending 100% of your income an 8% income tax or sales tax is the same. However when you make enough to save money it's a big difference.

It's precisely people in their earning prime who have the ability to move, be consultants and work from home offices in states like WA and NV. Which is what many will do. Las Vegas is full of $200,000 condos. They seem expensive until you realize that they pay for them self in tax savings.

Oregon may follow California into permanant tax problems if serious "high earner" exodus from the state occurs.

Oh, yeah, there is a ballot initative to raise taxes by ANOTHER 20% already qualified for this fall's election. (11% to employers and 9% to employees). That could put the top tax rate at 19%!

It will be fun to watch the real estate market implode.