Oregon Dems Propose Closing the State for New Business


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Boise/Post Falls-CDA/Sandpoint is tanned rested and ready for new tax incentives to attract OR businesses.WestlinnDuck said:Well, the dems are wanting to pay for closing down the state with massive tax increases. For a start increasing the top state income tax rate from 9.9% to 13% and the top corporate income tax rate from 7.6% to 11%. At these rates, no financial advisor would advocate that any new business should locate into Oregon. Unless Washington adopts an individual income tax, locating out of Portland to Vancouver is a no brainer. States like Utah with a 5% top individual rate and a 5% corporate tax rate would be a clear alternative. Next like Cali, top Oregon earners would locate out of state. Open border illegal aliens in, more homeless while the upper and upper middle class starts to leave.
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What do you expect them to do? Cut spending?!!
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The Relocations of Nike, Adidas, Columbia and Intel are going to be special.
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You are an Oregon entrepreneur and you have a business that is going public. Your proceeds will be $100,000,000. Oregon tax when you sell out is $13 million. Tax if you move to Washington, Texas or Florida is $0. Tax in Idaho is $6.9 million.
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Giving 40 hours of George Floyd bereavement and adding Juneteenth as a new paid holiday in the spur of the moment doesn't come cheap.
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I'm more looking forward to the Columbia River canal zone with port headquartered in Lewiston, ID.salemcoog said:The Relocations of Nike, Adidas, Columbia and Intel are going to be special.
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So you're saying you don't like roads and firefighters and teachers?
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Business OK residents not OK.PurpleThrobber said:
Boise/Post Falls-CDA/Sandpoint is tanned rested and ready for new tax incentives to attract OR businesses.WestlinnDuck said:Well, the dems are wanting to pay for closing down the state with massive tax increases. For a start increasing the top state income tax rate from 9.9% to 13% and the top corporate income tax rate from 7.6% to 11%. At these rates, no financial advisor would advocate that any new business should locate into Oregon. Unless Washington adopts an individual income tax, locating out of Portland to Vancouver is a no brainer. States like Utah with a 5% top individual rate and a 5% corporate tax rate would be a clear alternative. Next like Cali, top Oregon earners would locate out of state. Open border illegal aliens in, more homeless while the upper and upper middle class starts to leave.
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Is there an article? I’m not seeing anything about a pop from 9.9 to 13.3WestlinnDuck said:Well, the dems are wanting to pay for closing down the state with massive tax increases. For a start increasing the top state income tax rate from 9.9% to 13% and the top corporate income tax rate from 7.6% to 11%. At these rates, no financial advisor would advocate that any new business should locate into Oregon. Unless Washington adopts an individual income tax, locating out of Portland to Vancouver is a no brainer. States like Utah with a 5% top individual rate and a 5% corporate tax rate would be a clear alternative. Next like Cali, top Oregon earners would locate out of state. Open border illegal aliens in, more homeless while the upper and upper middle class starts to leave.
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Meh. You didn't build thatWestlinnDuck said:You are an Oregon entrepreneur and you have a business that is going public. Your proceeds will be $100,000,000. Oregon tax when you sell out is $13 million. Tax if you move to Washington, Texas or Florida is $0. Tax in Idaho is $6.9 million.