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A comment on Proposed ballot measure to raise corporate taxes, give every Oregonian $750/year. Parent comment

Re:Proposed ballot measure to raise corporate taxes, give ev... by mmustapic on Thursday June 20, 2024 @05:58AM (#40736851)
All taxes are taking money from others. In this case it's taking it from corporations and giving them to every citizen. In other cases you take it from citizens and give it to other citizens, the military, corporate subsidies, etc.

Also, populism means something else.

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Re:Proposed ballot measure to raise corporate taxes, give ev... by jakderrida on Thursday June 20, 2024 @06:23AM (#40737009)
>Also, populism means something else.

Excellent point! Trump is a populist and his tax bill (his only achievement) suggests he does not endorse this at all.

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Re:Proposed ballot measure to raise corporate taxes, give ev... by mmustapic on Thursday June 20, 2024 @07:11AM (#40737297)
Exactly. Populism usually means "the people vs the elite", and in this case is just taxes.
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Re:Proposed ballot measure to raise corporate taxes, give ev... by rootusrootus on Thursday June 20, 2024 @08:29AM (#40737956)
Coincidentally, that achievement raised my taxes several thousand a year. Because I live in Oregon.

Oh well. It expires soon, right? I mean, the middle class part at least?

I’m confused at how that’s populist.

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Re:Proposed ballot measure to raise corporate taxes, give ev... by willcipriano on Thursday June 20, 2024 @09:52AM (#40738814)
How is it more populist that low tax states subsidize high tax states?

Its taxation without representation with extra steps. I don't get a vote on your spending but I need to give more to the feds because of something you wanted for yourself.

What if they paid high taxes in Europe and got all these services, why shouldn't you give extra to NATO and spend billions defending the European theater (resulting in pretty high taxes) and then Europeans can make fun of you for not having any services they have. (I started this as a hypothetical but realized that's just how it is.)

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Re:Proposed ballot measure to raise corporate taxes, give ev... by rootusrootus on Thursday June 20, 2024 @03:52PM (#40742597)
You have to know it is more complicated than that. Oregon is very much not one of the states that gets the most welfare from the feds vs what we pay. Just like almost every other measure I can find, Oregon is pretty much smack in the middle. The SALT change just screwed over individual taxpayers.

Also, the populist comment was aimed at the fact that the tax 'cuts' were built with an expiration date for the poors but permanent for the wealthy. That's pretty much the opposite of what a true populist would do.

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Re:Proposed ballot measure to raise corporate taxes, give ev... by GenerWork on Thursday June 20, 2024 @12:39PM (#40740611)
>Coincidentally, that achievement raised my taxes several thousand a year. Because I live in Oregon.

Why are you upset at paying your fair share of taxes? The SALT deduction is regressive by nature.

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Re:Proposed ballot measure to raise corporate taxes, give ev... by rootusrootus on Thursday June 20, 2024 @03:53PM (#40742613)
How are you defining 'fair share' in any way that makes sense? It's not even remotely as simple as you're making it out to be. And it doesn't even matter in the end, the federal budget is only loosely correlated with how much people pay in taxes. But real people, normal people, got screwed by the change, even if you think it was totally okay to do it.
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