Eugene Weekly special investigator Alan Pittman has a great, definitely-not-socialist article in this week’s EW titled “Spread the wealth in Oregon.” Here’s the lede:
With Barack Obama popular in Oregon while calling for a tax increase on those earning more than $250,000, could such a tax plan work here?
Tell me, Alan Pittman! I certainly can’t guess what your answer will be.
If Oregon state income taxes were raised 10 percent on those earning more than $250,000 adjusted gross income, taxes on everyone else could be cut about 4 percent, according to an EW analysis of state tax return data. That’s an average savings of $86.
Why, what a novel idea! It’s practically foolproof. For example, if I was an evil, evil rich person, I certainly wouldn’t move to a different state to avoid getting raped by taxes. Nope, I would sit tight and make less money. All that stuff about people being “rational actors” is just plain phooey. In fact, I’m sure the wealthy would flock to Oregon! Nothing drives entrepreneurs and business into a state like a draconian state income tax. Hold on, I’m going to quote something else silly Pittman said:
Oregon’s wealthiest could easily afford a tax increase. In the last three decades the income of the wealthiest 1 percent of Oregonians has doubled while the wage of the typical Oregon worker has dropped slightly after adjusting for inflation, according to the Oregon Center for Public Policy (OCPP).
Oh yes, easily. But who cares if they can afford it? It’s their fault for being so inconsiderately wealthy in the first place. Pittman is right; the rich are a resource to be harvested, like timber or zinc.
By the way, this isn’t Pittman’s first call to action against the landed gentry. I’m going to go out on a limb and venture that he is not in the $250,000 income bracket. Just a guess.