Wednesday, January 27, 2010

Oregon Voters OK Tax Hikes On Wealthy, Businesses

KPTV reports on theft through voting:
Voters approved tax increases for wealthy Oregonians and businesses in a decision that will generate $727 million in revenue.

With 85 percent of the expected votes counted Tuesday night, both measures had 54 percent approval. FOX 12 political analyst Tim Hibbitts confirmed that Measures 66 and 67 passed.

Measure 66 raises taxes on household income at and above $250,000 and $125,000 for individual filers. It also reduces income taxes on unemployment benefits in 2009.
Who's behind the move to raise taxes in Oregon?:
The campaign pitted public employee unions warning of cuts in schools and social services against many, though not all, of the state's business groups, who said the taxes would cost a state with 11 percent unemployment even more jobs.
Not exactly a great way to lower an 11 percent unemployment rate. But, why should the public employees care? They have their jobs and they don't pay taxes.