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Ore. votes on higher taxes for rich, businesses (Measures 66 and 67 Passing - Buh-Bye Jobs!)
AP on Yahoo ^ | 1/26/10 | Tim Fought - AP

Posted on 01/26/2010 8:14:47 PM PST by NormsRevenge

PORTLAND, Ore. – A surge of last-minute ballots was expected Tuesday as Oregon voters decided whether to impose higher taxes on businesses and the wealthy.

Polling in the special election suggested the results on Measures 66 and 67 will be close.

The stakes in the struggle between business interests and public employee unions are high — the revenue from the two measures is expected to account for about 5.5 percent of the state's general fund budget over the next two years.

Opponents of the taxes say draining the money from private hands would damage the state's economy, still hurting from a recession and downturns in construction, real estate and manufacturing that have boosted Oregon's unemployment rate to 11 percent.

(Excerpt) Read more at news.yahoo.com ...


TOPICS: Business/Economy; Extended News; Politics/Elections; US: Oregon
KEYWORDS: businesses; highertaxes; or2010; oregon; rich
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To: who knows what evil?

It just shows Stupid breeds Stupid.


81 posted on 01/27/2010 9:05:02 AM PST by NormsRevenge (Semper Fi ... Godspeed .. Monthly Donor Onboard .. Chuck DeVore - CA Senator. Believe.)
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To: NormsRevenge

What a bunch of idiots! Do they NOT know what they just voted away?!?!


82 posted on 01/27/2010 2:44:35 PM PST by seeingthroughtheblur
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