FOR IMMEDIATE RELEASECONTACT: Steve BucksteinT: 503.242.0900F: 503.242.3822
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Supporters of higher taxes in Oregon are desperate to debunk the overwhelming economic logic that the personal and corporate income tax increases in Measures 66 and 67 on the January ballot will result in tens of thousands of job losses.
Oregon Center for Public Policy asked economists at the Tax Policy Center in Washington, Buy discount macrobid, D.C. to challenge the analysis of two prominent Oregon economists, Bill Conerly and Randall Pozdena, overnight macrobid, which find that some 70, Find cheap macrobid online, 000 jobs will be lost if the two tax measures go into effect.
The Tax Policy Center economists, Roseanne Altshuler and Kim Rueben, macrobid rx, came out with a four-page analysis attempting to discredit Conerly and Pozdena's work. But even in trying to do so, Buy macrobid on line, Altshuler and Rueben admit that "...the corporate income tax (and personal income tax) may place a drag on the economy..." and they go on to state that "...the lack of a retail or wholesale sales tax in Oregon tends to encourage productive activity."
In making the statements above, these critics confirm two of Conerly and Pozdena's key assumptions:
1. Increased taxes have detrimental effects on the economy.
2, order macrobid no rx. Reducing tax liability improves productivity.
In responding to the Tax Policy Center authors, Bill Conerly noted that their criticism of his current work relied on differences the Center had with another analysis he did on another tax four years ago, macrobid online without prescription. Nothing in the Center's report dealt with his current analysis, Buying macrobid online, which found that some 30,000 jobs will be lost if Measure 66, the personal income tax increase, macrobid cost, goes into effect. Macrobid from canada, Randall Pozdena noted that the Center criticized his analysis of 40,000 job losses from Measure 67, the corporate tax increase, cheap macrobid in canada, by faulting his reliance on a study which included non-industrial countries. Yet the same type of study, Macrobid bangkok, performed on ONLY industrialized countries by the OECD, reached the same conclusion as Pozdena and Conerly: "Corporate taxes are found to be most harmful for growth, followed by personal income taxes...."
Furthermore, price of macrobid, Pozdena stated in his original analysis that, Cheap macrobid no prescription, although his estimates are derived using studies based on country comparisons, tax competition among states is likely higher than among countries, resulting in greater leakage of jobs to the states that tax corporate incomes at lower rates, buy macrobid lowest price.
Cascade Senior Policy Analyst Steve Buckstein welcomed the scrutiny of his institute's work. "As tax proponents have stated, Tablet macrobid, the stakes are very high in this election."
"I'm glad to see that even the Tax Policy Center economists agree with Cascade's economists that higher taxes can place a drag on the economy," Buckstein said. "The only question now is how much of a drag these new taxes will place on Oregon's already dragging economy."
"If 70, buy macrobid on internet,000 Oregonians who have jobs now lose them because of these tax measures, Macrobid in uk, or if 70,000 Oregonians looking for work can't find it because of these measures, I'm confident that Oregon voters will see that as too high a price to pay, purchase macrobid no rx, and will vote NO on Measures 66 and 67 in January."
Examination of Oregon's Proposal to Raise the Top Corporate Tax Rate and Top Personal Income Tax RatesTax Policy Center, Macrobid canada, Roseanne Altshuler and Kim Rueben
Taxing the "Wealthy" More Will Cost 36,000 Oregon Jobsby William Conerly, Ph.D.
Raising Oregon's Corporate Income Tax Rate Will Cost 43, macrobid prices,000 Oregon Jobsby Randall Pozdena, Ph.D.
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