Oregon Set to Vote on Ballot Initiative of $750. A Year for Everyone with 3% Tax on Corporations

June 19, 2024 — bunkerville

Here is a ballot initiative that portends Oregon’s final throes into becoming the socialist utopia so many have hoped for. Take from the rich and give to the poor and why stop at $750.00 a year? Why not per month or per week? After all, the job creators should be punished. And why not. Outside the state groups are salivating and donating in support of this initiative. Here we go:

Oregon voters will likely decide in November whether to establish a historic universal basic income program that would give every state resident roughly $750 annually from increased corporate taxes.

Proponents of the concept say they likely have enough signatures to place it on the ballot this fall, and opponents are taking them seriously.

The proposal, Initiative Petition 17, would establish a 3% tax on corporations’ sales in Oregon above $25 million and distribute that money equally among Oregonians of all ages. As of Friday, its backers had turned in more than 135,000 signatures, which is higher than the 117,173 required to land on the ballot. The validity of those signatures must still be certified by the Secretary of State’s Office.

…

“Yes, the funders are from California, but these are not like nefarious outside interests here,” Martinez said. “These are people who are committed to basic income.”

Oregon business groups are preparing to fight the measure. State business lobby Oregon Business and Industry and tax policy research nonprofit Tax Foundation say raising corporate taxes would harm companies and lead to higher costs of goods and services.

“(The proposed measure) would impose a massive tax increase in Oregon,” Oregon Business and Industry said in a statement. 
“It’s looking really good. It’s really exciting,” said Anna Martinez, a Portland hairstylist who helped form the group behind the campaign, Oregon People’s Rebate, in 2020. If approved by voters, the program would go into effect in January 2025.

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Posted in Liberal Loonies. Tags: , , , . 20 Comments »

20 Responses to “Oregon Set to Vote on Ballot Initiative of $750. A Year for Everyone with 3% Tax on Corporations”

  1. Sam Huntington Says:
    June 19, 2024 at 2:58 pm

    Let me share a rib-tickling tale from my Navy days.  Picture this: a chap saunters up to a stunning lady at the bar, a complete stranger, and drops the bombshell, “Fancy a nightcap at my place?”

    The lady was insulted and told him so.  The man persisted, “Will you drop over to my place if I pay you $10,000.00?”

    The woman said no.

    “How about if I paid you $1 million?  Would you stop over to my place then?  The lady thought about it and said, “Hell, yes.”

    So the fellow said, “Great!  Now that we’ve established what you are, let’s haggle a little more about the price.”

    Oregon has a population of slightly more than 4 million. With a guaranteed income beginning at $750/year, the future cost is always negotiable.

    Liked by 2 people

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  2. Baysider Says:
    June 19, 2024 at 2:29 pm

    What’s to worry about? If you read carefully you’ll see they are only taxing RICH corporations. Won’t affect me. At least that’s how half the brain dead voters (mostly in the western half of the state) will read that.

    If I wanted to illustrate a story about the camel’s nose under the tent, this would be a perfect example. Hard to stop free stuff once it starts, and I note they waited for that expectation to be set in stone during Covid payments. These termites have been around for years waiting for the opportunity to start a control campaign like this. There is already a “pilot program” in Los Angeles with a monthly payment.

    Liked by 1 person

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  3. nrringlee Says:
    June 19, 2024 at 7:10 am

    New Left Progressives from California have used surrounding states as Petri dishes for socialist experimentation for decades. As a result Oregon and Washington have well funded and completely dysfunctional policies in place. Many of those land in the surrounding states propelled by big California money and when they fail they never succeed in California. We have a saying here in Arizona: Don’t Kalifornicate My Arizona. You see this on bumper stickers and tee shirts and more importantly we are very forthright in telling out of state folks not to complain about our culture and policies.

    For example, I was in Cracker Barrel a few weeks ago. I went with the bride and some friends who happen to be heavies in our local NRA Foundation. I was strapped up with a Para Ordnance Black Ops .45, custom built by me and believe me, all four of them are a sight and a shooter to behold. They are truly works of art. Add a really nice piece of leather with matching mag pouches and you have a rig fit for church or a wedding.

    A couple emerged from a SUV with California plates and the woman stopped in her tracks and said ‘we can’t go in here if there are guns.’ I was able to hear her comment and turned and said ‘you should be thanking us for being armed and prepared. I have a loaded .45 to protect not only myself but my bride, my friends and all of the people in this room. Your tax dollars made me a professional dispatcher of evil over 55 years ago. If you are uncomfortable being kept safe here by armed civilians go back to LA and take your chances with MS-13.’

    I turned and rejoined my group. The shocked couple did enter and eat. I am hoping my message came through loud and clear. A responsible. citizen in a Constitutional Republic is armed with an appropriate firearm and a trauma kit and is trained in the use of both. The bride and I are. If everyone was armed and ready and guided by the Holy Spirit we would be in a much better place as a society.

    Liked by 4 people

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    • bunkerville Says:
      June 19, 2024 at 7:21 am

      Makes quite the visual! Good for you…!

      Liked by 2 people

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    • markone1blog Says:
      June 19, 2024 at 9:09 am

      nrringlee,
      With the influx of Californians to Texas, there have been so many “Don’t California my Texas” bumper stickers that it became a song.

      Liked by 1 person

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    • peter3nj Says:
      June 19, 2024 at 10:54 am

      Thankfully having attended grammar school from the 50’s into the 60’s I’m able to do simple math: So then $750/365 days =$2.05 per day and thanks to rounding up that amount remains during leap years. The bad news is at that rate one will have to use two day’s stipend to buy a package of Twinkies or four days for a burrito. Not to worry since COLA will kick in and one day it will take only three days to save up for a burrito.

      Liked by 2 people

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      • bunkerville Says:
        June 19, 2024 at 11:14 am

        Ah Peter.. this is only a baby step. Soon corporations will giving us everything we need so we can stay at home. It is going to be swell.

        Once they get a taste for this so called ballot initiatives the sky is the limit… Free housing, Free food, free everything!!

        Liked by 1 person

    • Baysider Says:
      June 19, 2024 at 12:56 pm

      “Petri dishes for socialist experimentation” Good one!! And good story. +1

      Years ago Oregonians coined the phrase “Don’t Californicate Oregon.” Alas, California was not like that when I grew up. A big shot across the bow I noticed that something was wrong was when I was in high school and newcomers could register to vote with virtually no residency requirement. I instinctively understood how damaging that could be. And naive about human tendencies.

      Liked by 2 people

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  4. Ed Bonderenka Says:
    June 19, 2024 at 6:16 am

    “It’s looking really good. It’s really exciting,” said Anna Martinez, a Portland hairstylist who helped form the group behind the campaign…

    The curse: “May you live in exciting times.”

    Liked by 3 people

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  5. Bigus Macus Says:
    June 19, 2024 at 5:28 am

    “The problem with socialism is that you eventually run out of other people’s money.”

    ― Margaret Thatcher

    Liked by 3 people

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