WUI (Writing under the influence)

Somebody once said we are all Americans, sometimes born in the wrong places.
On a warm autumn day in 1986, while enjoying beer with my college buddies,
I decided to join my new homeland.

I've come to appreciate the ideals that helped create this great country.
Liberalism, political-correctness, multiculturalism and moral equivalence
are destroying it.

This old house Grovenet Wal*Mart Visiting Poland American wine better than French.

Saturday, June 20, 2009

 
WSJ just doesn't get our politicians. Don't they know it takes real courage to raise taxes? Yes, Oregon's unemployment is the second highest in the nation, so are the income taxes. But hey, you have to have real guts to stick to your usual mantra.

The Labor Department reported yesterday that Oregon's unemployment rate soared to 12.4% in May, the nation's second highest after Michigan's 14.1%. What to do? If you're the geniuses in the state legislature in Salem, you naturally raise taxes.

Last week the legislature approved a $2 billion tax hike on personal income and small businesses that haven't already left the state. The highest tax rate on income above $500,000 would climb to 11% -- up from an already high 9%. Oregon will soon boast the second highest income tax rate in the nation, moving ahead of California (10.55%), and only slightly behind New York City (12.6%). Corporations will pay a 7.9% tax on gross receipts, up from 6.6%.

But that isn't the worst of it. Another revenue raiser will tax hospitals and private health insurance premiums. That's a good way to encourage private employers to drop their health coverage for workers.

In Oregon, as in so many states this year, lawmakers had to choose between reducing the growth of spending and raising taxes. No contest. So government spending will climb by about $2 billion, or almost 4%, which is on top of a 21% increase in the 2007-08 biennium budget. The sliver of good news is that taxpayer groups like Americans for Prosperity of Oregon are promising to put these taxes before the voters in a referendum this year or next. Since Salem's politicians seem intent on following California's, maybe Oregon's voters will do the same and just say no.


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