I’m all for corporations and the rich paying their fair share. But unless this is being matched by other states, it will just cause capital flight to those states. That’s jobs and capability Oregon won’t get. It will be one of many factors companies consider when asking which state to incorporate and operate in. The Oregon market is an easy one to ignore, we’re not exactly a huge state, we have just over 1% of the national population. This is the kind of legislation that can only work in markets companies can’t afford to leave, huge markets like California or Texas. There’s a reason OR gets in bidding wars with other states over the siting of a new Intel fabrication facility etc: the state with the most favorable operating conditions gets the jobs.

A quick read of the bill text and I find “Less than $500,000, the minimum tax is $150”. That’s $150 for every small LLC, business with 1-3 employees, etc. It doesn’t matter if your LLC is profitable or not, you’re paying $150/year for the privilege of existing. Even if they lost money in the past tax year. This is in addition to existing costs you already incur like having to pay for payroll software to deal with the immensely complex state and local tax system, costs to file incorporation paperwork, and the costs for a ‘registered agent’. This will hurt small businesses and startups, no doubt. California had a similar incorporation tax, and it’s one of many reasons why companies try to incorporate out of state.

Why not include an exemption for small businesses or those with extremely thin profit margins? Or for those who lost money that year? You’d have to ask the petition authors that.

Who runs small LLCs?

• Small businesses, restaurants, food trucks
• Your local plumber, contractor, painter, tutor, or other independent contractor.
• Private landlords renting out a single unit. People who rent out rooms in their home and want the additional liability protection.
• Food co-ops, housing cooperatives, local sports clubs, and other forms of cooperative organizations
• People who use the anonymity provided by LLCs to escape domestic violence, stalking, etc.

“[Democracy] can only exist until the voters discover that they can vote themselves largesse from the public treasury. From that moment on, the majority always votes for the candidates promising the most benefits from the public treasury with the result that a democracy always collapses over loose fiscal policy, always followed by a dictatorship. The average age of the world’s greatest civilizations has been 200 years. These nations have progressed through this sequence: From bondage to spiritual faith; From spiritual faith to great courage; From courage to liberty; From liberty to abundance; From abundance to selfishness; From selfishness to apathy; From apathy to dependence; From dependence back into bondage”

I would vote FOR 110 again in a heartbeat. Prohibition doesn’t work, is a waste of taxpayer money, and churns people through the criminal justice system. It should be no business of the government what you put into your body in your own private residence. If you are breaking the law because of your drug use, then they should enforce those laws which they currently don’t for various reasons.

The whole point of ballot initiatives is to go over the head of the state legislature. It is a check on their power and the two party system. They have no right to reverse a ballot initiative. If they think public opinion has changed, they can send it back to the ballot. Any oregon dem who votes to repeal 110 is losing my vote in the primary.

Ballot measures are laws themselves that voters can pass without needing the approval of the legislature, that’s the entire point. They can also be “straw polls” to give guidance to the legislature, but most are made to create or amend a specific law or provision of the constitution, as M110 did.

Leaving lemmy.world if it doesn’t defederate from threads. Fuck Meta.

In favor of defederation. If I start seeing garbage from threads in my feed, I’m switching instances. I don’t want Meta pushing their divisive, hateful, misinformation all up in my feeds. Meta will kill fedi. We don’t need them.