Quite a Party
Friday, January 29th, 2010Post by Carl Ballard
Oregon passed a hike on corporate income and high personal income. This will probably not embolden Washington State legislators, but it does freak out the Seattle Times.
GOV. Chris Gregoire and top Democrats in the Legislature are all but popping Champagne corks in celebration of two successful Oregon ballot measures to raise taxes. Whoopee. Party!!!
Woooooooooooooooooooo. Moderate tax increases on the highest earners. Show us your tits!!!!!!!!!!!!!!!!!!!*
At risk of interrupting the merriment, slow down. Washington is not Oregon. And the two tax referendums were constructed in a way that does not represent Northwest-wide enthusiasm for the brilliance — or lack of it — of raising taxes in a recession.
I think if anything, they show that the voters in Washington state would like Frank Blethen’s taxes cut even further.
Oregon voters said yes to Measure 66, boosting the income tax on individuals with taxable income above $125,000 or households above $250,000. Voters also blessed Measure 67, raising corporate income taxes and setting higher minimum tax rates for businesses.
Yes they did.
Increasing taxes on businesses in a state with nearly 11 percent unemployment does not make a lot of sense. Higher taxes will not produce more jobs and may limit the ability to add people to payrolls.
Cutting services totally makes sense though.
Even the most avid referendum supporter will admit the limitation of the process is it asks a simple up-or-down question. In the case of the two measures, the questions could be boiled down to: “Would you like to raise taxes on someone other than yourself?”
Yes, yes I would. Especially if that someone else was named Blethen.
No wonder Oregon voters said yes by a margin of roughly 54 percent for both proposals. It was the first time since the 1930s that voters approved a statewide income-tax increase.
So it sounds like when there’s high unemployment, people like to tax the rich. Maybe the Mercer Island Mutt Murderer should rethink their no tax increases in a recession idea.
All of which led our governor to exult: “It is gratifying to see that the public understands the importance of preserving services to the most needy and providing education to the next generation — especially now when those efforts are most needed.”
What a monster, am I right?
Oregon voters were presented with a difficult choice: tax increases or further erosion of education and other state services. These are daunting times for legislatures across the country.
Yes. And daunting times call for creative solutions. Also, fuck the people who got us into this mess.
Washington’s political leaders may think they see a trend, that voters here will also be willing to pay higher taxes to preserve services.
Or an even better trend, that people here might be willing to tax the wealthy to preserve services.
But the Legislature’s first task, and it is unpleasant, is to make sensible, long-term cuts to programs so the budget becomes sustainable year to year. This is no time for a tax party.
Go fuck yourself. Seriously, what else is there to say? Sure cut education. Cut basic health. Whatever you do, just don’t tax wealthy people.