And that cost? Money.
this post was submitted on 04 Oct 2024
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I worked at a few local boutique stores supplying them with IT work. Boutique like they sell art, hand crafted stuff, book stores, local hardware shop, etc.
None of them are breaking past $25 million in revenue.
Many are happy to hit $2-3 million, which gives them enough to pay their staff of 5-10 ppl.
3rd, I'm not so sure $1,600 direct payments to Oregonians is the best use of those tax dollars. It should be used to reduce our overall tax burden. Maybe increase the standard deduction by $1,600 or some such.
What a weird point. So instead of giving $1600 cash to people (and more to families) this author proposes tax breaks that will be less accessible to people?
I got a mailer this week calling 118 a "blank check for Salem"
That doesn't even make sense
The "blank check for Salem" as noted in the article, is that the State Government can alter the bill once it passes. So that $1,600 a year might be $300 a year, might be $0 a year, nobody knows.
even though it raises taxes on fewer than 2% of businesses
Bad metric. What percentage of sales by dollar amount does it impact? That will provide a much more accurate indication of the real consumer cost impact. If those 2% of businesses by count do 50% of sales volume by $ in the state, that's a problem (in multiple ways tbh)
That just makes me feel like it would help promote small businesses and shopping local. So not a bad thing either.