Month: May 2005

Portland Business Tax Unfair

Steve BucksteinQuickPoint!

Last year, Inc. magazine rated Portland the nation’s eighth worst metro area in which to do business. It also said that Portland has lost its sizzle as one of the “cities of the future.”

One of the biggest impediments to doing business in Portland is the Business Income Tax, or BIT for short. Other Oregon cities (more…)

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Taxing Business Taxes Us

Steve BucksteinQuickPoint!

Critics are complaining that corporations pay less than their fare share of taxes in Oregon. They note that business sector taxes accounted for 14 percent of state revenue in 1980, but will only be 4 percent by the end of this decade due to tax law changes.

What the critics fail to understand is that (more…)

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Time for Social Security Reform is Now

Steve BucksteinQuickPoint!

As the debate over Social Security reform heats up, one area of disagreement is whether younger workers should be allowed to voluntarily divert a portion of their payroll taxes into their own personal retirement accounts.

Critics argue that such accounts are too risky; that Social Security should be a sure thing. Advocates explain that Social Security carries its own (more…)

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