Big Win for Oregon Yesterday – Big Loss for Corporations
Currently, Oregon charges a FLAT TAX on all forms of businesses that reside within the state of Oregon. Arguably, an obscene amount of tax – yet, the Republicans still hated it. How small? Are you sitting down?
TEN DOLLARS PER YEAR
The Republicans tried their almighty best to frighten everyone into believing that taxes would go through the roof if these measures passed. The ads were incredible. But people ignored them, anyway.
Yesterday, Oregon voters passed “yes” on Measures 66 and 67, which allows for an increase on taxes for corporations that reside within the state. Actually, it is a small tax increase on all forms of businesses that reside within the state.
And now with this increase in the flat tax rate, the annual amount will jump from ten dollars to… (drum roll, please)
ONE HUNDRED and FIFTY DOLLARS PER YEAR
That’s it — $150 is all Oregon businesses will have to pay. And it’s a FLAT TAX. That’s .41 cents per day. And it has no bearing on how big or small you are. Large corporations will pay exactly the same as a small mom and pop business. Frankly, large corporations should be paying WAY MORE than that obscenely amount. Especially compared to the even more obscenely low rate of $10 per year (which is bank-busting rate of… .02 cents per day). And they complained about that, too.
But is there any celebration by the neocons on having to pay so little? Of course not.
One right wing idiot said on the radio that “Republicans will work even harder to reign in out-of-control spending.” Like? “.excessive benefits given to employees for child care.” (uhm.because taking care of employees’ kids is simply not a good idea.???) and my favorite “.wasteful spending on energy saving windmills.”.
And they really do wonder why they’re so unpopular in this part of the country.
About Ginger
About me...let's see...
I guess I'm just another tree-huggin', commie, Cheetos-eating, pajama-wearing, unemployed blogger.
I'm anxious and vainly optimistic about where the country is headed, and openly dreaded the day Bush ever came into political office...I''m not happy about having a party filled with spineless "oh we need to cherish the blue dog dems" ...but I'm also glad that we are finally moving away from the cliff we were all teetering on for the past decade.
What bothers me most is the fact that too few people today understand how incredibly dangerous our government has become or how unreliable and weak our news sources are. I'm not just talking about Fox. I'm talking about the bulk of the mainstream media. It's not liberal - and it's certainly not fair or balanced. My kind of news reporting was the kind I grew up in the 70s, and clearly remember a time when the so-called liberal media was all about reporting the cold, hard facts, filled with investigative journalism, and anchors or reporters who refused to do fluff pieces - like cats stuck in trees, water-skiing squirrels, and Darwin-award-winning idiots who would do anything to make themselves into a news story. Being a reporter meant something more noble than a fat paycheck. You did your job because you wanted to get the truth out there. Now? You're mostly smeared or called a tin-foiled-hat-wearing lunatic of you find out - and expose - any kind of government or corporate corruption.
The upside of today's kind of media? Bloggers are a new breed of journalists - ready to hit the streets...err digital webspace... and have helped get a president elected, and a fascist dictatorship out of power.
This entry was posted in
New Post,
good news and tagged
corporations. Bookmark the
permalink.