How stupid are House Bills 3405 and 2649?
Really stupid.
But that won't stop them from passing. Here's the contact info for your state legislators:
Betsy Johnson
Party: D District: 16
Capitol Phone: 503-986-1716
Capitol Address: 900 Court St. NE., S-215, Salem, OR, 97301
Email:
sen.betsyjohnson@state.or.usWebsite:
http://www.leg.state.or.us/johnsonDebby Boone
Party: D District: 32
Capitol Phone: 503-986-1432
Interim Phone: 503-717-9182
Capitol Address: 900 Court St NE, H-375, Salem, , OR, 97301
Interim Address: PO Box 928, Cannon Beach, OR, 97110
Email:
rep.deborahboone@state.or.usWebsite:
http://www.leg.state.or.us/booneBrad Witt
Party: D
District: 31
Capitol Phone: 503-986-1431
Capitol Address: 900 Court St. NE, H-374, Salem, OR, 97301
Email:
rep.bradwitt@state.or.usWebsite:
http://www.leg.state.or.us/wittWhether you e-mail, call or write, and I'd hope you'd make a call, just let them know that you'd appreciate their opposition to these bills. Times are hard, and running up taxes on the folks who make the money they spend would be appreciated.
House Bill 3405 increases corporate taxes on business.
House Bill 2649 increases personal income taxes.
Will passing either of these bills make it more likely that you will see an increase in business investment--and concurrent increases in employment--more likely, or less likely?
Advocates of these bills will tell you it's time that the rich pay more of their fair share. If you're employed, chances are that you work for a
Subchapter "S" corporation. (This is a statistical
likelihood based on the sheer number of "S-Corps" out there. Locally, there's also a pretty big chance that you're working for a small, mom and pop partnership. But the tax rules are still the same.)
How do S-Corps treat taxes? Like personal income.
Raising taxes on "the rich" and "corporations" is more likely a double increase in taxes for the folks who make, buy and sell stuff in Oregon. But Democrats--most of them--have never had jobs making, buying or selling stuff. Teachers only pay tax on their 1040's. Lawyers, same thing. Community organizers? Same.
They have no clue what a reduction of after tax income means to the input mix of any business. When profits decline, employment decreases. Building a company from scratch, these people have no idea how difficult it is to "finally" hire your first employee, or your second, or your third. They believe that business has a template; you're rich and you just start hiring people. (Morons.)
As difficult as it is to hire your first employee, it's not as difficult as terminating that employee. When the hand-writing is on the wall, you let people go. The first one is hard, emotionally. The second one is easier. By the third, or fifteenth, you've got your "letting people go"
mojo in high gear. As you trim you seek to retain the most productive, the most loyal. You are oblivious to the political currents swimming around in places like Salem. Survival means making choices. When you're bailing out your personal economic boat, you throw people overboard.
There is no throwing overboard of people in Salem. We could cut our current budget by at least twenty-five percent and you and I would see no reduction in the valued services we receive from the state. We won't, because someone, somewhere, would complain about "fairness" or "social justice." (Oh, don't forget sustainability, the children, the elderly and our teachers. And the union members.
Mebbe teachers and union members is redundant.)
By passing
HB 3405 and 2649, we allow Salem to refuse to empty the lifeboat, while forcing the private sector to do so. You don't have to be a business owner to see the writing on the wall. If you work for someone else, remember, failing to call, failing to fight against these tax increases means you're more likely to face the employment cuts the state is unwilling to force upon itself. We, you and I, are the enemy of the state and public employee unions and the teachers. And we will be defeated with passage of these bills.
We will spend more and more on government and public employees. At the expense of private jobs, private businesses and private companies.
Democrats will vote for these bills, citing concerns about the environment, sustainability, a new Vision for the future; all of this is simple crap.
They can't make decisions. You've elected them. They control the public checkbook. And they are on a spending spree.
As the economy continues to shrink--in terms of private employment--fewer new companies will be willing to enter Oregon's economy
sans massive government expenditures, either through tax forgiveness or subsidy. Neither of these forms of enticement are financially sustainable in the long run. Buying investment with public funds isn't really the miracle that
Governor K and his witless minions in the House and Senate want you to believe it is. It's simple cronyism and a form of graft.
Last time I checked, neither of these were sustainable forms of public policy. But it's what we have. And it's stupid. And you can't fix stupid.