The Glade 4.0

To which I respond ...

[youtube]kjqciEtCnks[/youtube]

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It's a liberal mandate!!!!!!

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It feels like all the people who want limited government really just want government limited to Republicans.
---The Daily Show

Measure 67 changes how Oregon calculates business income taxes. Instead of using profits and real earnings, they will now use unadjusted gross revenues. The businesses are being taxed on the amount of money they handle, not the amount of money they actually clear. Consequently, there will be no jobs Oregon, because no one can do business like that. Of course, Measure 67 pretty much guarantees that Measure 66 is a non-issue ...

Since Oregon is about to hit 100% unemployment ... if we don't count the people who work for the state.

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What are the issues in question?

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"Hysterical children shrieking about right-wing anything need to go sit in the corner and be quiet while the adults are talking."

Diamondeye:

Measure 66 is an increase in personal income taxes for individuals who makes more than $125,000 a year.

Measure 67 increases the minimum business income tax from $10 to $150, which is mostly a non-issue, but also changes how business income taxes are calculated by changing it from Gross Profits to 0.1% of gross revenues for all businesses that have more than $500,000 a year in Oregon Revenues (that is, revenue in the state of Oregon). Revenue literally amounts to money collected, but current taxation is based on adjusted gross profit, which means that failing companies actually generate no taxes. Now even companies that produce no profits will be required to pay taxes. And, likewise, since this is in addition to already existing corporate income taxes, it amounts to putting most everyone out of business.

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There may be a way to not collect the money, but pass along invoices from your debtors. In other words, don't pay me for these services, just pay this electricity bill for me.

Arathain:

The other option is to push revenues out of state by moving the point of sale. The problem being that it will negatively affect the businesses people need most, driving up the cost of goods and services while stagnating or even depressing wages.

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I read some articles about these proposals, but what Khross mentioned is the first I have read, but if his statements are correct, there won't be any architect's offices in Oregon anymore... if the arch. firm is getting taxed on gross receipts, that includes money collected via contracts to be paid to consultants, such as engineers.

Architects don't pay their engineering bills anyway....

Wow that is insane... How could any singular person think that is a good idea, let alone the entire legislature?

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I did some more reading I see a lot comments that the gross revenue basis for the tax only applies to companies that do not turn a profit, with a few exceptions.

Crappy engineers don't get paid, since their fee goes right back to the owner for Change Orders to correct the uncoordinated and impossible designs...

Pay your bills, *****!!!!!

My state is a little nutty.

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"I've got twenty ways to tell you shut the f*ck up / nineteen of them are twenty-four bars long / the other one goes: SHUT THE F*CK UP" - Aesop Rock
"There is no God higher than truth." -- Gandhi
Formerly: Tulamian

My parents estate is never going to sell. I will have no inheritance....but probably a lot of debt in a few years when all my parents money has been spent to maintain a house/property that no one can afford to buy in a place that has no jobs....

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"Therefore do not worry about tomorrow, for tomorrow will worry about itself. Each day has enough trouble of its own." Jesus of Nazareth

Stop maintaining it?

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“The duty of a patriot is to protect his country from its government.” - Thomas Paine

Can't. My siblings still have high hopes of making a lot money on it....the house has been on the market and they've dropped the price twice...its waaaaay low. But they wouldn't take the $300,000 offer that someone made. They are stoopid....the house is in a town on the coast where there are 2 types of people: very very poor, and wealthy beyond measure. Since my parents estate is located in a family neighborhood without a beach-front view its not likely to sell.
And yes, I agree with Loki. My home state is a little nutty.

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"Therefore do not worry about tomorrow, for tomorrow will worry about itself. Each day has enough trouble of its own." Jesus of Nazareth

Quitclaim your interest in the property. Make sure that albatross isn't around your neck.

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Holy shitsnacks!

What is quitclaim?

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"Therefore do not worry about tomorrow, for tomorrow will worry about itself. Each day has enough trouble of its own." Jesus of Nazareth

A quitclaim, initiated by you, would grant your siblings full rights to the property, and eliminate any interest you hold in it.

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"Dress cops up as soldiers, give them military equipment, train them in military tactics, tell them they’re fighting a ‘war,’ and the consequences are predictable." —Radley Balko

This. Especially if you think it'll end up being a burden financially. You have a family and future to think about, there's no good in remaining a part of something that could turn out to be poisonous to that.

Its possible that it could sell for some sum of money, yes. You have to weigh the possibility of that with the possibility of it becoming a liability to you, Nite, and your children.

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Holy shitsnacks!

Don't quitclaim it, just transfer your interest to me? (How many siblings do you have?)

I hope you guys aren't serious about suggesting she forfeit her interest.

Any possibility your nutty siblings might buy you out ?



...let alone the majority of 59% of the population...

As has been stated, Oregon is a nutty place full of nutty people.

I drove through on my way to California this summer and nearly got arrested for trying to pump my own gas. (I had no idea, really....)

I guess I should clarify:

I know nothing about her finances or the relative value of the real estate; as such, I advocate nothing with regards to this piece of property.

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"Dress cops up as soldiers, give them military equipment, train them in military tactics, tell them they’re fighting a ‘war,’ and the consequences are predictable." —Radley Balko

From what I understand this was not a matter in front of the legislature, but one that was voted in via a ballot measure.

Obviously, Khross, all jobs are not going to leave Oregon because of this ruling. So, what's your prediction on how this will effect jobs in the state?

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It feels like all the people who want limited government really just want government limited to Republicans.
---The Daily Show

That's definitely the approach I'd use if I were leery of its sale (with the siblings' involvement). How many siblings, two? They turned down a 300k offer?

Offer them the chance to buy you out for 100k. That's your share of what they turned down, against your judgement. They turned it down, so they think they'll get more. It's a win/win from both perspectives, based on the perceived value of the property on each side.

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"Aaaah! Emotions are weird!" - Amdee
"... Mirrorshades prevent the forces of normalcy from realizing that one is crazed and possibly dangerous. They are the symbol of the sun-staring visionary, the biker, the rocker, the policeman, and similar outlaws." - Bruce Sterling, preface to Mirrorshades