The Oregonian reports that Oregon voters yesterday bucked decades of anti-tax sentiment "raising taxes on corporations and the wealthy to prevent further erosion of public schools and other state services."
"The double-barreled victory is the first voter-approved statewide income tax increase since the 1930s. Other states, facing similar budget woes, are watching the outcome closely because Oregon, after all, is a state that capped property taxes and locked a surplus tax rebate program into the constitution."
And now Oregonians can look forward to a declining employment base just like California! Businesses that can will look for alternative locations to avoid the higher taxes.
I wonder what the tax rates are in British Columbia?
1 comment:
Looney lefties and unreconstructed hippies out here. We're overpopulated with them.
Post a Comment