Monday, September 13, 2010

More Taxes on Businesses Mean Less Oregon Jobs?

What do you know. Higher taxes (including Measure 66 taxes) on Oregon businesses mean fewer Oregon jobs. From the Wall Street Journal:
"Target Plastics Inc., a Salem, Ore., maker of custom plastic products, used to have seven employees, but now it has only two full-time workers, with an additional person working half-time, said owner Melissa Hescock.

"'I've basically cut back because of the amount of taxes,' Ms. Hescock said, including recent state increases and anticipated future federal boosts. 'I have fewer people doing more work.'"
[emphasis added]
Wonder if the Oregonian will follow up on this WSJ reporting.

H/T Jennifer Rubin

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