stalkingbear
01-27-2010, 05:34 PM
Wow! The people of Oregon have spoken! They want MORE taxation! We passed measure 66, 67 which increases out taxes!
Aren't we smart?
Had a meeting with the owner where I work and we will figure out what the corporation will have to do to keep afloat. The state is taxing corporations on the gross sales - not the profit - and will make this tax retroactive to Jan 2009. We figure that we will have to pay an additional 16K in taxes for last year.
One company that distributes fuel in So Oregon will pay taxes on their taxes!
You know how much federal, state and local tax there could be in a gallon of fuel.... now we tax the tax.
Smart cookies, those Oregonians.......
Bah!
Aren't we smart?
Had a meeting with the owner where I work and we will figure out what the corporation will have to do to keep afloat. The state is taxing corporations on the gross sales - not the profit - and will make this tax retroactive to Jan 2009. We figure that we will have to pay an additional 16K in taxes for last year.
One company that distributes fuel in So Oregon will pay taxes on their taxes!
You know how much federal, state and local tax there could be in a gallon of fuel.... now we tax the tax.
Smart cookies, those Oregonians.......
Bah!