Two recent reports confirm that Oregon has a long way to go if it wants to be seen as a business-friendly state.

Earlier this month, Chief Executive magazine released its latest survey of 550 CEO’s. They were asked to rank states for their business environment based on a wide range of criteria, including taxation, regulation, workforce and quality of living. Oregon came in at a disappointing number 33. The top five states, in order, were Texas, North Carolina, Florida, Tennessee and Georgia.

Last week, the co-authors of “Rich States, Poor States,” which ranks every state’s economic competitiveness, reported in the Wall Street Journal that two of the 15 policies they look at “have consistently stood out as the most important in predicting where jobs will be created and incomes will rise. First, states with no income tax generally outperform high income tax states. Second, states that have right-to-work laws grow faster than states with forced unionism.”

Authors Arthur Laffer and Stephen Moore further noted that “between 2000 and 2008, 4.8 million Americans moved from forced union states to right-to-work states—that’s one person every minute of every day.”

Oregon doesn’t have either of these two most important business-friendly policies. Not only do we have an income tax, but it’s the highest in the country at 11 percent right now. And, we allow forced unionization.

Oregonians, and their elected representatives who are looking for ways to improve our business climate and create jobs, need look no further than these two policies. Eliminate our income tax and end forced unionism, and watch Oregon grow.

 

No comments yet.

Leave a Reply

 

Other Publications by Steve

As ObamaCare Turns Four, How’s It Working out for You?

Steve Buckstein | March 26, 2014
The Affordable Care Act turned four years old last Sunday. So how’s it working out for you? If you’re one of the millions who lost, ...  read more

As the Affordable Care Act Turns Four, Cascade’s Predictions Were on the Mark

| March 24, 2014
Sunday, March 23, was the fourth anniversary of the passage of the Patient Protection and Affordable Care Act (“ObamaCare”). Cascade founder and senior policy analyst ...  read more

Income Inequality: A Problem That Isn’t

Steve Buckstein | March 6, 2014
The debate over “income inequality” has simmered for some time, but now seems to be upfront as a key dividing line in American politics. President ...  read more

More On These Topics

Do You Know Taxes Take 30% of Your Year?

Kathryn Hickok | April 16, 2014
If every penny earned since the beginning of the year went to pay federal, state, and local taxes, by April 21 Americans would have worked ...  read more

Are Small Birds More Important than Small Kids?

John Charles | April 9, 2014
Last year the S&P 500 Index had a total return on investment of 32%. That should have been good news for Oregon public schools, which ...  read more

Energy-Efficiency Myths of Commuter Rail

John Charles | April 2, 2014
Advocates of rail transit tend to argue that we need trains because they are more energy-efficient than buses or cars. Unfortunately, that’s only true in ...  read more