Public Is Ready to Raise Taxes on Corporations and the Rich, Oregon Vote Shows, page 1

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Conservatives have been crowing loudly about their victory in last week’s special election in Massachusetts, but voters in Oregon also “sent a message,” when? approving two measures that imposed progressive taxes on earners making more than $250,000 per year and on large corporations.

The measures are expected to raise the $733 million dollars needed to close the state’s budget gap. The measures -- 66 and 67 -- passed by a decisive 54-46 margin. According to The Oregonian, “the results triggered waves of relief from educators and legislative leaders, who were facing an estimated $727 million shortfall in the current two-year budget if the measures faile

This is an interesting turn of events and to me shows growing discontent with the upper tiers in the economic strata. ex. People thinking the rich and corporations get preferential treatment in the tax structure.
I favor a federal flat tax on everyone, no exceptions, no fancy tax lawyers claiming bogus deductions, no offshore accounts and a higher sales tax on luxury items.

Will this Oregon vote signal a trend?

[edit on 29-1-2010 by whaaa]

reply to post by whaaa

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I will have to agree with jibeho on the penalizing the rich.

Our progressive taxes are inherently skewed to the super rich. Yes, they do take more from the rich that do not make enough to use all of the loop holes provided by such things as foundations and other tax exempt entities.

What makes this all so funny is that the vast majority of people do not realize that this is another way the elite keep normal people from reaching wealthy status.

Did you know one of the best ways to hide wealth is to create one of these tax exempt entities. SKL goes into it on a few of his threads. Ever hear of the foundations set up by the Kennedy family?

How about the Rockefeller Foundation? Do you think that just maybe, this is another obfuscational way to keep the average person down?

Whaaa, you are beginning to become conservative and you do not even know it.

A consumption flat tax is the only true way to tax fairly no matter what your level of income. No matter how much money you make, even if you just buy assets as a tax exempt entity, you would still have to pay the consumption flat tax. Exempting such things as food, clothes and your domicile would be an easy way to give the poor an even playing field.

If all other forms of taxation were removed, I would be all for a flat consumption tax. If a VAT would be applied on top of all the others it would be totally unfair. Otherwise I could back it.

Whaaa, I knew you were a closet conservative.

As for the raise in taxes on the "supposedly" wealthy or rich, the super rich elite will "again" be not subject to this tax and the outcome will be the same as before. Corporations will pass it down and ones that can avoid the tax will.

[edit on 1/29/2010 by endisnighe]

reply to post by whaaa

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No it says that a bunch of brain dead sheeple live in Oregon (me exluded) usually California transplats .

Originally posted by endisnighe
reply to post by whaaa

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Whaaa, you are beginning to become conservative and you do not even know it.

Whaaa, I knew you were a closet conservative.

Strange as it may seem to some, I consider myself a progressive conservative and I don't feel this is a contradiction in terms either.
I subscribe to no particular ideology; I can see the good and bad even in[gasp] communism, socialism, benevolent Monarchy's and Anarchy.

I'm a wild eyed liberal when it comes to social issues but an arch conservative when it comes to personal responsibility. I despise elitism and preferential treatment to those that already enjoy the bounty of this land but realistic enough to know that money is power and power corrupts.

I am an entrepreneurial hippie and admit that I have moved some of my manufacturing to Mexico and in the past have hired illegal aliens that were some of the most hardworking, loyal employees I ever had and to a man were much superior workers to any anglo I ever hired. They treated me with respect and worked. All the anglos were interested in was getting laid and getting paid and had no gratitude to me for even giving them a chance to work.
I have enjoyed the wonderful free enterprise spirit in America and have profited handsomely and I only hope for future generations that those wonderful days return. But I'm convinced the GOP won't bring them back.

I was lucky in that I saw the trend of this economic downturn early in the Bush administration with the spike in energy costs and bailed into other ventures. Thankfully I made the bulk of my juice during the Clinton years. Those were the good old days for me.

This message of divisiveness promoted by IMO the right wing will eventually tear this nation apart. It's already started as evidenced here on ATS. [see above post] Soon we better start hangin together or we will all hang separately.







[edit on 29-1-2010 by whaaa]

reply to post by whaaa

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Alright, you pretty much described me in this post.

So why is it we always bump heads.

Me-constitutional libertarian, fiscal conservative, social liberal.

Have never voted party lines, I usually never even vote in National elections, I will not vote for lesser of two evils.

Yes, I to have found that some forms of socialism are required, like helping the handicap and such.

We have to get a third party going or we will see the end of entrepreneurs like you and I, go the way of the Dodo.

I also ran my own business until only 8 years ago and then went to work for others due to regulations. Now that I am back in my home state, old employees are asking me to start up again. I do not want to waste the little assets I have left though. It is too big a risk when I have no idea what next tax schema the asshats have planned.

Originally posted by endisnighe
reply to post by whaaa

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Alright, you pretty much described me in this post.

So why is it we always bump heads.

I'll take responsibility for that. I'm a contrary, ornery old cuss.

reply to post by whaaa

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Okay, that is just downright weird.

I have always been and always will be an #.

I believe the last 10 years has made me despise government in general and it has rubbed off on me while posting here.

I just get frustrated and then go off the deep end when trying to cuss and discuss my positions. I am really trying to nip that in the bud. It probably has a lot to do with being the youngest of 5 brothers. I never bumped heads with my sisters-3, but until I was old enough to woop some sibling butt, I always had to listen to my brothers crap. After that, we were on even ground, but I think the upbringing had a lot to do with my success in later life. So I hold no ill will to my brothers and actually credit them for my attitude and demeanor. I may be a contrarion as you put it, but I do excel when it comes to business and management.

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