I have a theory on why Ernie moved to Oregon...

[Excaliber]

From $10 to $140, a $130 annuall increase,,, thats it? Hardly seems worth even have a vote over, must be more to the story. So far that is the only thing I've seen in print, Ad's or the news, before and now after the vote, a measely $130 annuall increase. That's gonna make or break a corporation over a years time? I'd have to say business really dropped the ball with their Ad campaign by not explaining what all the fuss is about.

Heck I just paid a $140 to get my Oregon drivers license!

[Ron61]

Ernie,

If it is just a $130 increase per year, I don't see where it will break any businesses, and as stated, they will just pass it along to you and the rest like they do everywhere. And even to make up $130 a year wouldn't need to be much of an increase to the consumer, but I would bet they will make more than the $130 back from it if that is the case.

Ron

[Scott S]

Originally Posted by Excaliber

From $10 to $140, a $130 annuall increase,,, thats it?

$150 is now the minimum tax up from $10. There is now a new gross receipts tax retroactive to last January of up to $100,000 on C corps.

There are many businesses here that lost money last year with gross sales of 10's of millions that now owe back taxes. We now have a effective sales tax on Corporations with some of them owing as much as a $100,000 and still have no profits and those that are profitable will have to pay an additional tax of 7.5%.

My company is a Sub-S I pay the minimum of $150 and 9% on all profits(like that will happen again soon).

Bo..

"All of the North West seems to have become extremely wacky. Must be the weather"

Bite me...