Hooray for the Little Guys and Gals
Posted: January 27th, 2010, 1:04 pm
Well, we did it. Here in Oregon we passed measures 66 and 67 yesterday. One institutes a 2% tax increase on housholds with incomes over $250,000, and the other raises the minimum corporate income tax from $10.00 to $250.00.
I really feared these would go down in flames. The ads were all making it look like small businesses would have to fire employees and/or shut down. Come on, ten bucks is nothing to even a smalll business, not to mention a major corporation, and two-fifty is not a huge amount either. As for households making over 250K, good grief; if our household made that I think we could pony up another five thou a year and not be hurt too bad. Sure we'd grumble, we wouldn't like it, but jeez, 250K a year is enough to provide a lavish standard of living by any measure. We've been eeking by on between thirty and fifty our entire marriage of fifteen years, much of that time with six kids in the house. 250K annually sounds like some kind of fantasy life to me.
Anyway, we passed 'em, thank God. It's a victory for Main Street in this time of Wall Street taking over the world.
Peace,
Barry
I really feared these would go down in flames. The ads were all making it look like small businesses would have to fire employees and/or shut down. Come on, ten bucks is nothing to even a smalll business, not to mention a major corporation, and two-fifty is not a huge amount either. As for households making over 250K, good grief; if our household made that I think we could pony up another five thou a year and not be hurt too bad. Sure we'd grumble, we wouldn't like it, but jeez, 250K a year is enough to provide a lavish standard of living by any measure. We've been eeking by on between thirty and fifty our entire marriage of fifteen years, much of that time with six kids in the house. 250K annually sounds like some kind of fantasy life to me.
Anyway, we passed 'em, thank God. It's a victory for Main Street in this time of Wall Street taking over the world.
Peace,
Barry