by Lynn Porter
A while back a member of the Oregon state legislature said that legislators have been passing out business tax credits “like candy,” as an indirect way of rewarding their supporters. The tax burden has been shifted from business to individual taxpayers, who are no longer willing to carry it, and will reflexively vote against any tax increase that they have to pay.
State services, including health care, are falling apart for lack of revenue. More money will have to come from somewhere, and the only possible source is business.
Lane County Commissioner Pete Sorenson has said, “In 1973 the largest corporations doing business in Oregon paid 18 per cent of the state income tax, the other 82 per cent was paid by wage earners and small business. This year, 2005, the largest corporations — those with 75 shareholders or more — are paying five per cent.”
...(to access the full text to consider for publication request it from PeaceVoiceDirector@gmail.com)Lynn Porter is an activist in Eugene, Oregon, working on peace, health care and environmental issues. His blog is at http://lynnporter.wordpress.com.
Post a Comment