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Some People Never Learn

Oregon voters passed Measure 67 -- a tax increase:

The worst thing is that Measure 67 taxes gross revenue.

Great! If your Oregon business is just breaking even during these horrible economic times, then get ready to pack up and fire everyone.

I wonder what will happen to the Oregon unemployment rate? I mean, who could possibly foresee what the consequences of tax hikes in a difficult economic environment might be.

It's a mystery to me as well.

Comments

Classical Liberal

Well, what can I say about my state? It's beautiful, but would you start a business here?

On a different note, Isaac, have you seen this?
http://www.econstories.tv/home.html

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