Measure 66 and 67 Just The Facts?

I just got pro Measure 66 and 67 in the mail today; too bad, they are choosey what facts are shown.

How about the facts proponents are living out are leaving out. 

Fact:

Among its other features, Measure 67 will increase the fee to incorporate most businesses from $50 to $100. But there is an exception. If the business is already incorporated in another state, then its owners must pay, not $100, but $275 for the privilege of transacting business in Oregon. 

Fact:

In a bad economy with unemployment at 11.1%+ the legislators added $3,400,000,000.00 in new spending. Instead of just tightening their belts or leaving spending flat, they chose to raise job-killing taxes. 

FACT:

Among its other features, Measure 67 will increase the fee to incorporate most businesses from $50 to $100. But there is an exception. If the business is already incorporated in another state, then its owners must pay, not $100, but $275 for the privilege of transacting business in Oregon. 

FACT:

            The rich can move to Washington State, no income tax equals no tax money to pay for 3.4 billion in new spending. 

LIE:

For C corporations, the corporate minimum income tax will be about one-tenth of one percent of total sales inside Oregon. Small businesses with sales less than $500,000 will also pay just $150. It is important to note that C corporations will pay either the new minimum or the profits tax, never both.

For C corporations, the 1.3% increase in the profits tax applies only to profits above $250,000. In 2013 the tax decreases; only a 1% increase will remain, and will only be applied to profits above $10 million.

http://defendoregon.typepad.com/files/faq-vote-yes.pdf 

Fact:

Measure 67 is a tax on gross receipts (income before expenses and cost of sales) not a tax on profit (after expenses are deducted).

It replaces the current $10 corporate minimum tax for C-corporations with a permanent new tax on a company’s Oregon sales, as follows:

Fact The ultimate insult on the middle class:

Middle class laid off workers will not pay tax on the fist $2400 of unemployment compensation. Gee that swell Salem, give us a tax break on unemployment after your tax hike kills jobs.

 

Vote No ON 66 and 67

About Scatcatpdx

I am just an average Joe living in the People Republic of Portland Oregon. I was a Republican Precinct Person for Washington County, and campaign volunteer. Now I am a IDKWIA (I Don't Know What I Am). I am a bible believing Christian who is Calvinist and Reformed in my theology and Anglican in worship and practice. My other interest are music (classical and world, Progressive Trance), drawing, and Fury Fandom, I consider myself a furry lifestyler.. I am a Ham Radio operator.
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