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Oregon Measure 118 - $1,600 for every Oregonian, paid for by giant corps who mostly pay less taxes than you do.
(www.yesonmeasure118.com)
this post was submitted on 23 Sep 2024
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So wayyyyyyyyy back in the day, there was this thing called "Renter Refund". Anyone who rented filed how much they paid in rent and got a portion kicked back by the state. I qualified for the very last year of it.
In this case, I can't tell what the $1,600 is for. Existing? So it's a Robin Hood bill? Rob from the rich and give to everyone else? It's sure to be popular, but I don't see how it's sustainable.
If sustainability is your concern, look at the current system that has massively concentrated wealth into corporations, their limited shareholders, while they pay menial or zero taxes thanks to loopholes and writing the laws themselves--while the middle class has disappeared. that's not sustainable. The only answer, since corporations own the legislatures both state and federal, is to distribute wealth through popular vote--if we must.
Having people who have to work more hours than their parents did, maybe through in an extra job--only they aren't even getting ahead, this is just to pay usurious car insurance, price gouging groceries, companies forcing non-competes on employees so they can't leave to get better wages, algorithymically-aligned rents violating anti-trust that's not been enforced for decades, topped off by the supreme court limiting even class action suits against major companies...that's not sustainable.
Seriously, this has to be among the simplest of solutions for a simple problem that people keep trying to make complex by obfuscation.
If you think we have a housing crisis now just wait until the $1600 per household rebate becomes law. I imagine there's a million ways to abuse this as well.