Oregon has budget troubles that rival New York’s. To balance Oregon’s budget deficit of $4.2 billion, cuts have been prosposed to K-12 education, higher ed, pubic safety, healthcare, senior services, etc. No Oregon State agency will remain untouched. And, just like New York, Orgeon had a fight on its hands when they tried to raise taxes on the rich.
So, who squealed the loudest, when Orgeon tried to raise taxes on corporations and high income residents? Why, Oregeon billionaries Nike Chairman Phil Knight (net worth over $9 billion) and Columbia Sportswear CEO Tim Boyle (net worth $1 billion), of course.
The proposition to raise taxes passed on Jaunuary 25. No word on whether Phil and Tim will be joining fellow billionaire Tom Golisano in Florida (athough they have threatened).
some people will simply vote with their feet and leave (Williamette Week Online)



