Peter Drake

The strongest argument against Oregon's wealth-redistribution measure 118 is that it will hurt low-margin businesses. Here's their counterargument:

https://www.yesonmeasure118.com/news/narrow-profit-margin-corporations-are-spending-money-they-say-they-dont-have-to-fight-the-oregon-rebate

#orpol #measure118 #WealthRedistribution

"Narrow Profit Margin" Corporations Are Spending Money They Say They Don’t Have to Fight the Oregon Rebate — Vote Yes! on Measure 118, the Oregon Rebate

Nearly $6 million in corporate money is flowing into Oregon to fight Measure 118 as VP Harris announces plan to take on their “price gouging”  Measure 118 opponents, including Democrats like Gov. Kotek, show they are out of step with the economic priorities of voters and the party’s popu

Vote Yes! on Measure 118, the Oregon Rebate
Sep 19, 2024 at 1:22amWeb
Show threadCySep 19, 2024
The strongest argument I've heard is that it's a sales tax. Why isn't it a capital gains tax? Or an income tax? It's a sales tax on the stuff that the poorest among us depend the most on.

The other argument is why is it a tax rebate? Why not just give out the money, no questions asked? Expecting people to fill out their taxes for zero dollars, and submit to the hideous surveillance state necessary to enforce income tax, it's worse than means testing. It's just straight out testing! Why isn't it a universal basic income? It doesn't even have to be taxed income!