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2010-12-22 Home Front: Culture Wars

Oregon's new millionare tax now working as expected

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Posted by DarthVader 2010-12-22 15:05|| || Front Page|| [11130 views ] Top

#1 I was wanting to have the title read "TAX NOT WORKING AS EXPECTED"... but to those of us on the 'burg it is working exactly as WE expected.

Posted by DarthVader 2010-12-22 15:12|| 2010-12-22 15:12|| Front Page Top

#2 Some high earners may have left Oregon but I think it also likely that many high $ earners (especially the kind that make it on cap gains) simply didn't earn as much in 2009 as they did in 2008.

Posted by lord garth 2010-12-22 16:30|| 2010-12-22 16:30|| Front Page Top

#3 There ain't no pity in a donkey led city

Posted by Bill Griling5080 2010-12-22 16:41|| 2010-12-22 16:41|| Front Page Top

#4 What part of thou shall not covet and thou shall not steal didn't they understand?

Posted by P2kontheroad 2010-12-22 16:48|| 2010-12-22 16:48|| Front Page Top

#5 More likely they just jumped the border and went to Washington. It also has no state income tax (for now, anyway....)

Posted by Swamp Blondie 2010-12-22 18:20|| 2010-12-22 18:20|| Front Page Top

#6 "What part of thou shall not covet and thou shall not steal didn't they understand?"

All of it.

Posted by Barbara Skolaut 2010-12-22 18:20|| 2010-12-22 18:20|| Front Page Top

#7 It's the time of year for all of us to remember the one Biblical verse honored everywhere, by everyone, for all times, regardless of belief:
And it came to pass in those days, that there went out a decree from Caesar Augustus, that all the world should be taxed. Luke 2:1, KJV

Posted by Anguper Hupomosing9418 2010-12-22 19:33|| 2010-12-22 19:33|| Front Page Top

#8 > Also remember, people who have that kind of wealth can very easily pay someone to move it elsewhere.

Which is why I'm a Land Value Tax supporter... Try moving a land right out of state.

Posted by Bright Pebbles 2010-12-22 20:18|| 2010-12-22 20:18|| Front Page Top

#9 Swamp Blondie: the Donks and others tried to get a limited income tax passed this past November; the tax would have been limited in scope very similiar to that in Oregon; it went down in flames, something like 76% rejected ( or some crazy lopsided figure; it was huge)
wonder if the WA state donks will see what is happening in Oregon and re-consider. (OK stupid question, can i withdraw it please?)

Posted by USN,Ret 2010-12-22 22:56|| 2010-12-22 22:56|| Front Page Top

#10 Right USN. I'm pretty sure even the densest person realized that it would be for the over $200K only until the Donk Legislature can change it to include everyone.

Just as every few years a petition is passed to cap tax increases to 6% and as soon as they can the Legislature removes the cap so they can raise taxes even more.

Posted by CrazyFool 2010-12-22 23:56|| 2010-12-22 23:56|| Front Page Top

23:56 CrazyFool
23:06 Swamp Blondie
22:56 USN,Ret
22:50 USN,Ret
22:35 Adriane
22:25 crosspatch
22:06 Frank G
22:06 Rob Crawford
22:04 Frank G
22:01 Old Patriot
21:58 Old Patriot
21:58 john frum
21:57 Zhang Fei
21:30 tu3031
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21:24 Nicky Santoro
21:07 Silentbrick - Lost Drill Bit Division - Halliburton
20:52 Redneck Jim
20:44 tipper
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20:18 Bright Pebbles
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20:14 Rob Crawford