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Oregon Measure 97

faithful_servant

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This has become one of the most argued measures I can remember. The Pro 97 side has been pushing it as a way to fund schools, healthcare, seniors while making "big business" pay it's share. The Pro side is not only lying, but blatantly lying. Oregon law forbids tax bills that dedicate monies to specific needs without a Constitutional amendment. It portrays Oregon as having the lowest corporate tax rate in the country, yet that's only true when looking at one metric and ignoring all others. When you look at the whole picture, Oregon is right bout in the middle of the pack. They claim that it only impacts 1% of Oregon businesses, yet that 1% represents a very substantial portion of Oregon's economy. It's a 2.5% sales tax on sales over $25,000,000 so any low margin/high volume businesses are going to get screwed hard. It's also a cumulative expense, so if an Oregon business is buying from another Oregon business, the customers are going to get hit with a 5% increase. To make matters worse, John Kitzhaber (the Democrat's darling in Oregon) has come out opposing it.
 
I'm a liberal, but I'm voting no on it. It's a backdoor sales tax and like you said, the funds cannot be directed like the pro-side says they are going to do. Big, ole NO!

Every tax on business ends up on a price tag. Every one.
That said, I don't automatically oppose a raise in taxes for a good reason.
 
In Texas, years ago, they passed a lottery, saying the money would be earmarked for education,
and it was sort of. The problem was the amount put into education from the lottery fund, was deducted
from what the state had been putting in.
The balloon got squeezed, but the volume did not change.
 
This has become one of the most argued measures I can remember. The Pro 97 side has been pushing it as a way to fund schools, healthcare, seniors while making "big business" pay it's share. The Pro side is not only lying, but blatantly lying. Oregon law forbids tax bills that dedicate monies to specific needs without a Constitutional amendment. It portrays Oregon as having the lowest corporate tax rate in the country, yet that's only true when looking at one metric and ignoring all others. When you look at the whole picture, Oregon is right bout in the middle of the pack. They claim that it only impacts 1% of Oregon businesses, yet that 1% represents a very substantial portion of Oregon's economy. It's a 2.5% sales tax on sales over $25,000,000 so any low margin/high volume binesses are going to get screwed hard. It's also a cumulative expense, so if an Oregon business is buying from another Oregon business, the customers are going to get hit with a 5% increase. To make matters worse, John Kitzhaber (the Democrat's darling in Oregon) has come out opposing it.



The point of tax was being proposed some time in the late 80's. I recall the event as I had stopped to guy gas in my Nissan 300Z with the new car smell still in it. I got into a conversation with the station owner over their law that only licensed individuals can pump gas, no self serve.

At the time, BC had a 5% provincial and another 2% federal.

I told him straight up. Once you let them in with a POS, it's for eternity. And it never goes down, always up.

PS, The federal POS came into effect after a year where the conservative government had written off $900,000 plus in corporate taxes.
 
Already voted for it. Oregon schools are in shambles ever since Measure 5 in the early 90s. It's time to stop the faith-based trickle down BS, and begin to redirect funds for the long term, i.e. education.

And if there's anything this Trump revolution has taught me, it's that we're in DIRE need of more education in this country.
 
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