Oregon legislature, voters take long-run look at budget – will Washington?

Yesterday, Oregon voters responded to the recession with strong votes in favor of two tax measures that will help preserve state funding for health care and education. The two measures provide more than a just revenue Band-Aid – they are a big first step toward resolving long-term problems in Oregon’s tax structure. So what lessons [...]

News and Views: The budget deficit, new revenue and taxes — choices for Washington State

Seattle Times | Gregoire’s plan to fill budget hole: cuts, taxes, federal help | Gov. Chris Gregoire proposed Tuesday what she called a “responsible, balanced approach of painful cuts and new revenue” to close the state’s $2.6 billion budget shortfall. But Gregoire’s latest budget blueprint — which relies heavily on hoped-for federal money and one-time [...]

Why do deficit hawks suddenly appear, every time Obama is near?

It’s been about eight years since we’ve heard the “deficit hawks” sing their song – but it’s an easy one to remember because the tune is always the same. Funny how it’s always sung loudest when the conversation turns to investments in improved health, education or infrastructure. So says Robert Reich in The Great Debt [...]

Oregon looks to high road economic development — will Washington?

According to the Oregonian, Oregon House Democrats are proposing to fix part of the state’s budget crisis by increasing taxes on corporations and adding a new, higher tax bracket on households making more than $250,000 a year. Comments on the Oregonian story mostly offer more of the usual scare tactics about business and wealthy individuals [...]

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