Tuesday, December 02, 2008

Kulongoski To Raise Minimum Corporate Tax (Slightly)

I've been watching and waiting this past week to see what would happen when the Governor came out with his new budget. Time's up.

What a brave man he is! To raise the minimum corporate tax from $10 to $25 goes far beyond comprehension! It doesn't matter if low income folks in Oregon have dental or optical insurance, the Gov. has chosen to "take on" the corporations in our state with this bold move.

And... he's going to boost the tobacco tax by 60 cents per pack of cigarettes. What a hero he is! Of course the demographics of who smokes show that it's mainly low income people, but his courage is up there with Superman regarding this stand.

Here's an idea Teddy. Eliminate the minimum corporate tax all together. Tax these corporations at a fair rate for them AND the citizens of Oregon. And leave the smokers alone. In other words... grow a pair!

2 comments:

Pat Ryan said...

Beleive me, this is just something that he threw in there and will not be taken seriously by eaither business on legislators.

It was torpedoed last session because the people pushing the idea cmae up with a flat minimum that would have Nike and and your neighbor's lemonade stand paying the same amount.

The leg will do better this time...

David McDonald said...

Let's hope so...