The first indication of raw political courage arose in the state legislature that was confronted with plugging an estimated $727 million deficit as education and other state services continued to suffer. But the legislative action was quickly challenged by tax opponents in a referendum pursued by an outfit called Oregonians against Job-Killing Taxes.
Although you will be hearing a lot of talk this year about how cutting taxes increases jobs, there is a consensus of economic studies that the Bush tax cuts will rip upwards of $2.4 trillion from the treasury through 2010 without providing a groundswell of jobs. These cuts were covered by borrowed money, which will add another $379 billion in interest.
Well, here's to oregon, whose voters may know something about the cost of a healthier society. So much for an across-the-board tax revolt!