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measure 66-67 pass in Oregon

Discussion in 'Legal & Political Archive' started by Dan-Dee Sales Inc, Jan 26, 2010.

  1. Dan-Dee Sales Inc

    Dan-Dee Sales Inc Sweet Home, Oregon, United States Active Member

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    I do not know if this have any affect on firearm sales but it sure may mean a price increase on both firearms and ammo and anything else related to it.

    http://www.kptv.com/yourvote/22347045/detail.html
    Raises taxes on household income at and above $250,000 (and $125,000 for individual filers). Reduces income taxes on unemployment benefits in 2009. Provides funds currently budgeted for education, health care, public safety, other services.
    52 percent of precincts reporting

    Yes: 58 percent or 391,121 votes
    No: 42 percent or 278,719 votes
    517 of 1,000 precincts - 52 percent

    Measure 67
    Raises $10 corporate minimum tax, business minimum tax, corporate profits tax. Provides funds currently budgeted for education, health care, public safety, other services.
    Yes: 57 percent or 425,162 votes
    No: 43 percent or 326,849 votes
    574 of 1,000 precincts - 57 percent
     
  2. trainsktg

    trainsktg Portland OR Well-Known Member

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    Considering how they played to the 'this won't affect 99% of the population' crowd, I'm not surprised these are passing.
     
  3. Scott

    Scott Battle Ground Well-Known Member

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    I did not really look at those measures but I don't see how this is going to help. Rasing taxes just seems to hurt everybody at this time. I guess time will tell.
     
  4. tionico

    tionico Thurston County Well-Known Member

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    too bad. Why didn't the people vote THIS one down, and hold their government hard to the wall to reduce waste, spending, etc. Oh well... what they don't realise is that, sooner or later, they'll run out of other people's money and have none of their own.

    Reduce taxes and let private enterprise put those dollars to work employing people, producing goods, that sort of thing. What a concept, eh?
     
  5. motoman98

    motoman98 Gresham, OR Active Member

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    It was THE MOB, voting against the few. Yet they did/do not understand that THEY are the ones to pay that $700 million.
    Sheeple!
     
  6. bmgm37

    bmgm37 Coos Bay Active Member

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    It will all trickle down and everybody ends up paying one way or another with higher prices...
     
  7. Karma

    Karma the woods in Oregon Active Member

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    Ya, it is incredible. Rough times ahead.
     
  8. Chee-to

    Chee-to Oregon Well-Known Member

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    True, big business doesn't pay tax increases, they just pass it on to the consumer..........:(
     
  9. PlayboyPenguin

    PlayboyPenguin Pacific Northwest Well-Known Member 2016 Volunteer

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    And just how much of an increase does anyone see being passed on to the consumer from a $140 yearly difference on the earning of corporations. Even a small LLC like myself would not have to raise prices to counter act it. What would I do? Raise hamburgers a penny a piece to $8.01
     
  10. tallshipsgo

    tallshipsgo Springfield OR Well-Known Member

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    It's the back end percentages that they're raising on business, not the yearly business filing/registration fee. The percentages are killers. The $10 to $140 was just a distraction to cover the percentage increases. That's something we'll all be able to enjoy.
     
  11. Guns

    Guns Salem New Member

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    I work for the state and I can assure you there is plenty of waste and worthless programs that could have been cut. Instead they use fear-mongering and class warfare to convince people to vote for additional taxes.

    Government largesse and high taxes equal less freedom. Government misdirects resources into modes of production (or should I say counter production) that are inefficient and wasteful, while the private sector due to competition is always adjusting and evolving to direct limited resources towards there most productive and demanded use. Businesses that misdirect resources don't stick around long and go out of business (except for Goldman Sachs, JP Morgan, the politically connected, i.e. government bailouts), while government can continue to operate in a wasteful fashion with limited consequences.

    The state of Oregon has been on a course of unsustainable growth. The passage of these taxes during the middle of the worst recession since the Great Depression will merely contribute towards the stagnation of our state economy.

    Oh well, I am on the public dole, why should I care?????????????
     
  12. chemist

    chemist Beaverton OR Well-Known Member

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    Guys, you will pay for government spending with or without increased taxes. It's been happening most recently with the debasement of the dollar through reckless printing - excuse me, "quantitative easing" - that taxes us all, the poorest the worst.
    We should only be taxed on our discretionary income anyway - it's just not right to take food out of our kids' mouths. But until we come up with a way to do that, it makes simple sense to lean on the folks who have the most discretionary income to close the gap.

    And that's why I voted to raise my own taxes - somebody has to cover the shortfall, whether or not we eventually succeed in "throwing the bums out" and reducing total spending. In the meantime, there are bills to pay.

    I call it responsible citizenship.
     
  13. Gunner69

    Gunner69 Hillsboro Member

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    Well PBP considering that you are now going to be taxed on your GROSS sales and not your net profit it will most likely have a direct effect on you and every other small business out there.. I know that since its retro active you get to pay it this year to start with..

    I know that the guy that does all my FFL transfers etc is going to get nailed for an additional 1800.00 after just 1 year in business.
     
  14. husker

    husker portland Active Member

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    This money is going to go for pers. They are going to increase pers because they lost money the last couple years. It will happen in the next couple weeks
     
  15. mattg521

    mattg521 portland.,or Member

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    +1 what Chemist said
     
  16. Dyjital

    Dyjital Albany, Ore Flavorite Member Bronze Supporter

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    My thoughts exactly.
     
  17. trainsktg

    trainsktg Portland OR Well-Known Member

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    I regret that you believe it is necessary raise taxes on those with the 'most discretionary income' to 'close the gap'. The fault is not theirs that government cannot control its spending, and feeding a junkie more junk is not going to halt their addiction.

    This tax is going to drive more high wage earners out of the state, or stop them from moving here. This tax is going to drive more business out of the state, or stop them from starting here.

    Who's business is it of anyone to decide that this or that person has 'too much discretionary income' and giving it up for non-producers to use and consume is 'responsible citizenship'.

    I don't quite fall into the new tax bracket (I would if I was single), but I'm this close Galting out of the whole damn system.

    Keith
     
  18. trainsktg

    trainsktg Portland OR Well-Known Member

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    It certainly ain't for the 'poor' or the 'chilluns'.

    Keith
     
  19. shooter

    shooter Ridgefield Member

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    As Gunner stated it's going to be more of a burden then most voters were lead on to believe. And, now that it's passed it will be a much easier sell in the future to take that tenth of a percent and adjust it to 2 or 3 tenths of a percent.
    Not to mention that with each additional tax imposed on businesses Oregon becomes less and less atractive to any Corporation thinking of coming to Oregon and bringing jobs with them.

    I for one will put more consideration into taking my business south of the river, which was a growth scheduled to take place between May and July of this year.
     
  20. WAYNO

    WAYNO Oregon City Gold Supporter Gold Supporter Bronze Supporter

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    Those folks, in the biggest of cities, with the most to gain by higher taxes, and bigger government, are the ones who have the power in numbers, to vote to raise somebody elses taxes.:huh:

    People still don't get it. Government is out of control, but government has been very effective in convincing the same folks, in the biggest city, that the biggest, most "social" government is the best government.

    WAYNO.
     
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