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Greetings from the People's Republic of Oregon.....

Greetings from the People's Republic of Oregon....

I can't believe the voters in this goofy state approved measure 66 (raises tax on incomes above $250,000 for households, $125,000 for individual filers. Tax rate increases 1.8 percentage points on amount of taxable income between $250,000 and $500,000, 2 percentage points on amount above $500,000 for households. For individual filers, the rate increases begin at $125,000 and $250,000 respectively. Eliminates income taxes on the first $2,400 of unemployment benefits received in 2009. Raises estimated $472 million to provide funds currently budgeted for education, health care, public safety, other services). Reduces income taxes on unemployment benefits in 2009. Provides funds currently budgeted for education, health care, public safety, other services.) and measure 67 (raises $10 corporate minimum tax, establishes $150 minimum tax for most businesses or minimum tax of approximately 0.1% of total Oregon revenues for some corporations with over $500,000 in Oregon revenues. Raises tax rate some corporations pay on profits by 1.3 percentage points. Increases certain business filing fees. Raises estimated $255 million to provide funds currently budgeted for education, health care, public safety, other services).

So when did individuals earning over $125,000 become rich? Or families with a combined income of greater than $250,000 become rich? The logic in Oregon is that "high wage earners" should pay their "fair share" of taxes. These "high wage earners" are going to be taxed even more, above and beyond the high rates they are already paying. No other income group, except businesses, will have their taxes increased.

This is a punishment for being successful. A punishment for being hard working and not settling for just getting by. This type of tax hike rewards mediocrity (me·di·oc·ri·ty (mē'dē-ŏk'r... n. pl. me·di·oc·ri·ties 1. The state or quality of being mediocre. 2. Mediocre ability, achievement, or performance. 3. One that displays mediocre qualities.). The agenda of the White House and Oregon state government is to reward mediocrity and to penalize the successful. Success and wealth are bad we are told. This type of "selective" tax, raising taxes on one group but not on all, is the first step towards a socialist state.

As for the business tax increases... the People's Republic of Oregon has the 10th highest unemployment rate in the US at 11% (2009 U.S. Bureau of Labor Statistics Division of Current Employment Statistics). By raising business and corporate taxes Oregon will continue to bleed jobs. Companies will leave and more jobs will be lost. Companies looking to move in to Oregon will be forced to look for other states, or countries, will more business/corporate friendly tax structures.

Finally, what's up with the Obama administration using the Justice Department to look into the BCS (NCAA College Football Bowl Championship Series). From the AP "The Obama administration is considering several steps that would review the legality of the controversial Bowl Championship Series, the Justice Department said in a letter Friday to a senator who had asked for an antitrust review." Don't you the the Justice Dept has better things to do.... like fighting crime and terror and bringing those accused of those crimes to justice. Love to see my tax dollars hard at work.

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  • Captain Sticky 2010/01/30 22:10:25
    Captain Sticky
    How about the Fair Tax? Everybody pays, say, 15% of their net earnings. Period.
  • Zuggi 2010/01/30 18:59:42
    Zuggi
    Considering 1.5% of households make $250k or more, I'd say that yes, if your household makes that much you are rich. Richer than 98.5% of the population is rich.
  • jimmy Zuggi 2010/01/30 19:04:31
    jimmy
    thats true but don't they automaticallly have to pay a higher tax because of there income
  • Trauma ... Zuggi 2010/01/30 19:30:25
    Trauma Junkie
    In Oregon, per 2007 state tax statistics, the top 5% of wage earners paid 42% of the state income taxes. The top 5% made $149,917 per year or more. Now thats fair......
  • Zuggi Trauma ... 2010/01/30 20:12:41
    Zuggi
    The top 1% of wage earners earned 19% of the total wages. The bottom quintile of earners paid an average of 8.7% of their income in state and local taxes. The top 1% paid 6.2%. Even after this increase, the top 1% will only pay 6.6%.

    http://www.ocpp.org/cgi-bin/d...
  • Trauma ... Zuggi 2010/01/31 20:18:24 (edited)
    Trauma Junkie
    Please look at the statistics provided by the state, which are objective. The OCPP has an agenda which is tax the rich and successful and "search for solutions that benefit all Oregonians, but always with a special focus on the interests of the low-income."

    Pay attention to exhibit 11 (Exhibit 11 shows the number of returns, AGI, and the amount of tax liability by AGI quintile. The top one percent account for 25 percent of the total tax liability.).

    http://www.oregon.gov/DOR/STA...
  • Zuggi Trauma ... 2010/01/31 20:47:51
    Zuggi
    Yes, but comparing 25% to 1% is only useful if you're talking about a poll tax. More useful is comparing 25% to 18.2%, which is the percentage of the total income earned by the top 1%.

    And that leaves out local taxes, which fall disproportionately on the poor.
  • Trauma ... Zuggi 2010/02/06 01:53:13 (edited)
    Trauma Junkie
    Bottom line, there is nothing wrong with that and "that leaves out local taxes, which fall proportionately on the the rest of the tax payers."

About Me

Trauma Junkie

Trauma Junkie

United States

2008/03/26 21:23:35

is rebutting liberal rhetoric

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