Oregon- a failing case for lower taxes.

Show this to all those who scream about how lowering taxes will grow the economy. It is a patently false argument, and we have Oregon as the test tube for such policies.

http://www.latimes.com/news/nationworld/nation/la-na-oregon-schools9-2009mar09,0,3739238.story

'Plummeting tax revenue has left schools across the country on the ropes, but in few places has the situation been quite so dire as in Oregon -- which has no sales tax, severe limits on property taxes, an automatic rebate on tax collections during boom years and a corporate tax structure that allows companies with multimillion-dollar profits to pay as little as $10 a year.'
snip

'In the search for a way out of Oregon's budget woes, legislators are turning their attention to the state's minimum corporate income tax. That $10 levy -- a provision in place since 1931 -- covers 31 companies headquartered in the state that have net taxable incomes exceeding $1 million.'

MULTI MILLION $ CORPORATIONS PAY AS LITTLE AS $10 A YEAR. Taxes are irritating but necessary to run a republic.

I hear it from everyone there regardless of party affiliation. After all, its so "fair" and we have to fund education. Ug

the most regressive tax structure in the nation. no income tax, so we rely on Property Taxes (falling values = lower assessments) & sales tax (no jobs = no purchases), which runs almost 10% in some places. every year the city or the county come begging for levies on properties to fund schools, parks, roads, housing. hell, we pay a portion of our property taxes to the PORT OF SEATTLE. the state, entirely controlled by democrats, is too afraid of the initiative process to raise taxes or contemplate tax fairness.

our budget deficit could be as high as 10 billion. the state is going to mothball state parks this summer in response, amongst other futile savings efforts.

They use the infrastructure, labor and enjoy personhood while pocketing profits and socializing losses. But when it comes to taxes - no way.