2024 State Races Megapost!
2024 State Races Megapost!
This thread is for discussion on state races and ballot measures. Is your state legalizing or banning abortion? Weed? Ranked choice balloting?
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I live in Oregon and there are a couple to watch here:
117 enables ranked choice balloting:
118 taxes companies who make more than $25 million in the state and kicks it back to residents, $1,600 per resident.
I'm strongly in favor of 117. I like 118 in theory, but after reading it, I voted against it, because I think the end result would be to damage small Oregon businesses, while large conglomerates would be fine. I don't want Walmarts to be the only businesses that can afford to operate here.
Well, I don't think anyone making more than $25 million a year is a "small business", that's $68,493.15 a day...
It's still an awful idea, but the idea that it would hurt small business is a smoke screen. :)
I buy all my supplies from companies making more than 25m, who buy from other companies making more than 25m, and so on. My COGS will go up a minimum of 3%, more than likely closer to 10% when you compound the entire supply chain. I don't care that I won't pay into the general tax fund, but I sure as hell care that I'll have to convince my retail customers to pay 10% more on my products after already struggling with inflation cost increases the last few years.
the idea that it would hurt small business is a smoke screen.
Yeah, the ultra wealthy are always claiming that if they have to pay their fair share then all of society will suffer. 🙄 118 honestly sounds fine to me, but the array of groups I trust that were against it gave me pause. I voted no, hoping to avoid another case of doing the right thing the wrong way.