In mail-in voting that ends today, Oregon is considering measures to raise taxes on households earning $250,000 or more and on individuals earning at least $125,000, as well as hike corporate taxes. About 39,000 of the state's 1.5 million taxpayers would be subject to the higher tax, and some big companies could see their annual bills go from $10 to $100,000.
The success or failure of Measures 66 and 67 will be a concrete test -- one of the few in the country this year -- of how willing voters are to accept tax increases targeted at those theoretically best equipped to pay them.
Source:
LATimes
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Click on the "poll" link in the post and you will see my comment. Without even looking up his...
Harry Reid: "I had nothing to do with" bad economy
Greg on September 8th, 2010