Tax measures drive out business

Tax measures drive out business

The passing of Measures 66 and 67 is already having an effect on local businesses. More than two dozen companies have notified the state of their intent to leave.

Among them is Medford-based ComNet Marketing Group, which works to attract Northern California businesses to Oregon and also employs 150 people in Medford and Ashland.

Rep. Sal Esquivel, R-Medford, read a letter from ComNet President and Chief Executive Officer Bruce Hough during Tuesday's House session in Salem, noting the loss of such businesses would be detrimental to the state at a time when revenue continues to decline.
"With the implementation of these taxes, we are going to see people gradually leaving Oregon," Esquivel said Wednesday.

Read the full story at the Mail Tribune.

{biztweet}ComNet Marketing Measure 66 67{/biztweet}

Comments   

 
djk
0 #1 Not surprising.djk 2010-02-12 11:36:11
The uncounted numbers are for those businesses who have cancelled plans to move here in view the perceived hostility this state has toward business.

No one wants to see a substandard education system. What businesses object to is sustaining an unsustainable public employee system that saps the economy as well as the education system.
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Old Oregon
0 #2 Suuuuuuuuure.Old Oregon 2010-02-12 11:51:30
Move WHERE? There seems to be a big media push coming from somewhere, to make a mountain out of a molehill.

I smell a large RAT.
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sh
0 #3 where is the common sense these dayssh 2010-02-12 12:37:10
Notice was given to us by one of our tennants that they will be moving their bussiness to Washington this summer when their lease is up. And the comment was made about the tax passage.Luckly they only have a few employees .
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just plain dick
0 #4 just plain dick 2010-02-12 13:22:27
There is a distinct difference in moving out of state and going out of business. Already the legislature is calling for new taxes. House Rep. Kim Thatcher has the answer but who will listen. If you run your business the way the State of Oregon does you would be also looking for a job.
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Troy Bucy
0 #5 PresidentTroy Bucy 2010-02-12 13:56:12
We will be moving our residence and our small business into WA in the next couple yrs. I was foolish to set up our second location in Oregon. Shame on me!
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John Rizzo
0 #6 Good LuckJohn Rizzo 2010-02-12 15:44:35
Go ahead, move to Washington. Pay the moving expenses, lay employees off, pay the sales tax, the high vehicle registration fees and enter the realm of a higher cost of living. But do the math first?
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hurtin for certain
0 #7 The last straw?hurtin for certain 2010-02-17 11:25:18
These two new taxes may not seem onerous in and of themselves, but they add to the pile of other bond measures we have passed, tax increases, increases in fees, etc. that we are absorbing. At some point soon the tipping point is going to happen and Oregon citizens are going to awaken from their perpetual political slumber and revolt. The strangle hold the public employee unions have on the rest of us who don't participate when tax increases and spending increases come up for vote will reverse when the pain threshold is unbearable. That time, I sense, is just around the corner. PERS is ready to implode because it can sustain its payouts. Schools continue to beg for more money...and more money. Oregon business is in the tank and will take at least another five years to recover IF the country recovers NOW. Unemployment will stay steady or rise. Fewer people will pay into the tax revenue kitty. Where will the money come from? I say bring it on! We need to system to cave in on itself for Oregon leaders and citizens to realize the predicament we are in. Maybe equitible solutions like a flat tax, no deductions....o r a sales tax with elimination of other taxes will bring about fair funding by all.
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