RECENTLY ON TOL:
- A tumblr site dedicated to the people and places that make up Oregon and Southwest Washington.
on Measure 66
There are two comments made by tax opponents that are constantly overlooked in the discussions.
1. "30% of the taxes in this state are paid by the rich" - The people that make this statement are hoping you think it means that the rich pay 30% of their income. That's not the case!
example: Suppose I'm rich and I pay $1.00 in taxes. Then 10 middle income people pay $.05 in taxes. That makes $1.50 in the tax pool and I can say that I pay almost 70% of the taxes.
Butttttt! Here's the part that is always left out. The dollar I paid in tax is about 1% of my income. I don't even notice the "missing" dollar I paid. However, the 5 cents paid by the middle income worker is half of their income. That hurts!
Please stop the tax opponents from misleading us with their slight of hand tactics.
2. "If you tax the rich they will no longer invest and then we all loose our jobs" - Those that invest make their money by investing. So if they don't invest they'll have to get jobs. My guess is they'll stick to investing.
"What if they take the jobs somewhere else?" - Go ahead and try! If you take your business elsewhere, where the taxes are low, then you are in a place where education is not valued and not supported. Your work force will not be able to add and subtract. Try making your computer chips there!
posted 3 years, 4 months ago
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