Taxation to what end?

posted by
October 12, 2016
Common Sense
by Paul Jacob  
Posted in Commentary

"Oregonians have quite a few ballot measures this year. And only one of them seems obviously nutty: Measure 97. It would raise taxes on the very biggest of companies. The richest -- that is, those with $25 million in sales. ... the practical problem? A tax hike is just a bid on a future expropriation. Tax targets can, in effect, counter-offer by moving, or threatening to move, out of taxing territory." (10/12/16)  

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