Oregon Dems Propose Closing the State for New Business

WestlinnDuck

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.

PurpleThrobber

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.

Boise/Post Falls-CDA/Sandpoint is tanned rested and ready for new tax incentives to attract OR businesses.

UW_Doog_Bot

What do you expect them to do? Cut spending?!!

Kaepsknee

The Relocations of Nike, Adidas, Columbia and Intel are going to be special.

WestlinnDuck

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.

MikeDamone

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.

PurpleThrobber

salemcoog said:

The Relocations of Nike, Adidas, Columbia and Intel are going to be special.

I'm more looking forward to the Columbia River canal zone with port headquartered in Lewiston, ID.

SFGbob

So you're saying you don't like roads and firefighters and teachers?

Sledog

PurpleThrobber said:

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.

Boise/Post Falls-CDA/Sandpoint is tanned rested and ready for new tax incentives to attract OR businesses.

Business OK residents not OK.

thechatch

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.

Is there an article? I’m not seeing anything about a pop from 9.9 to 13.3

Pitchfork51

WestlinnDuck 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.

Meh. You didn't build that