Oregon Commits Suicide

The state of Oregon passed a ballot initiative aimed at taxing the wealthy and businesses. As there are no domestic pass laws, requirements for permission to travel between states from government, and Oregon offers nothing unique for entrepreneurs, it is easy to see that capital flight will soon take place and that the rich will leave in droves. As those with resources are the only ones capable of creating private sector jobs in great numbers, Oregon has further crippled the state's flagging economy. The only way this tax can not bite is if all the other states raised similar taxes the same amount, leaving capital no place to flee or in repressive regimes, where internal passports are required to travel from one place to another. The class envy socialists who occupy Oregon's voter rolls have damaged their own state in their jihad against the successful.