HopeTracker Oregon voters go to the polls tomorrow to consider two ballot measures that shine a spotlight on the severe hostility growing between the ‘haves’ and the ‘have nots’. The scene in Oregon, plagued by low state revenue, high unemployment and generous social services, mirrors the real dissatisfaction growing in America.
On the ballot are Measure 66, which would increase Oregon’s personal-income-tax rate by almost 2% for the state’s richest taxpayers. Measure 67 calls for a increasing the state’s minimum corporate income tax, currently $10 a year.
While the focus may be the rich as defined by the general populace, the spotlight is also turning on public-service employee unions, whose members aren’t feeling the recessions pain either. Read on Oregon Tax Vote Shows States’ Revenue Conflict via WSJ.