Newsflash IDGAF what you think or say... it's why I have you on ignore. Sigh until you can't breathe... I'm also fucking SICK of people trying to get me to swallow trickle down economics (this time in reverse). I'm calling their bluff.
Guess you like trickle down price increases instead? Where do you think the margin shrink is going to go, from the pyramid tax good sir? Actually, save your breathe, this shit isn't even passing anyway.
This is going to be a really bad and oversimplified example but it's good enough to make my point. A company at the coast collects sand to sell to different businesses. They sell sand to a sand and gravel company in the Willamette valley. + 2.5% tax. Sand and gravel company sells it to a large glass maker. + 2.5% tax. Glass maker sells raw glass to a bottle maker. + 2.5% tax. Bottle maker makes bottles and sells them to a large wine distributor. +25% tax Wine distributor sells the bottles to a winery. +2.5% tax Winery sells bottled wine to store chain. +2.5% tax Store chain sells to customer. We get stuck paying a tax on a tax that's on a tax that's on another tax.
I voted yes for many of the same reasons as DViss. It's time to make a stand. Sure, these (mostly out of state) companies are going to pass the costs onto the consumer (like they do every single time their costs go up for whatever reason). But in this instance those increases are going to be passed onto customers nationwide, not just Oregon. That means the effects will be highly diluted. Too many people are drinking the corporate Koolade. C'mon sheeple.....I agree that it's not the best written measure, but these corporations are already (and have been for a long time) dodging paying their fair share and we (John and Mary Taxpayer) keep getting stuck with their tab. Enough is enough.
I simply won't believe what the corporations want me to swallow. Monsanto and Comcast are paying for those ads. They can't have it both ways. Lower our taxes and you'll see benefit. Raise our taxes and we'll charge you. Neither has been proven true.
I am undecided on measure 97 tbh. I think it was poorly written, and i generally dont agree with taxes on sales. However, c corps already have minimum taxes based on sales, so that isnt changing. Its only increasing for those that make more than $25 million in sales. Mega corporations are mostly c corps. Your mom and pop shops will not be directly affected because most of them are s corps, sole props, sometimes partnerships, and/or will be less than 25 million in gross sales. Could it raise prices? Maybe. Not as much as people are trying to make it sound like though. Most of these big corps are already paying calculated tax, so they wouldnt pay minimum tax anyways.
I don't really know much about this measure, it just reminded me of one of my favorite Public Enemy lyrics so there.
I really enjoy the ballot measure system and wish we could do it on a federal level. Bills would be much simpler, pork and pet projects would be eliminated or at least brought out into the open, and Washington would finally get some shit done.
Why is a solution to your aggression to business to tax them? Just seems completely wrong. They WILL pass the cost onto the consumers, or rid themselves of employees. They will not simply just eat this tax. Costco is a great example... employs TONS of local workforce and generally is a pretty great company (reputation wise), they will suffer from this tax. Couldn't we find a better way to get money for the public employee unions (who basically created this measure). You know these Government people are just going to squander this money. They do not have to spend it on your precious communities or schools. It's like more class warfare. Make money and you are evil. Fucking stupid ass mentality.
Why defend the people who are fucking us? Comcast is literally bending us over for Blazer games. Monsanto said THE SAME SHIT when we told them to label GMOs. "We'll pass it on to the consumer" Well FUCK YOU Monsanto! CALL!!