Chris Dudley’s Tax Cut: Capitol Gains

People are upset that Chris Dudley wants to cut the Capitol gains tax by 73%.   In this down economy who is going to be paying any capitol gains in Oregon over the next 4 or more years?  We might as well get rid of Capitol gains for businesses that pay living wage jobs and hire Oregonians and increase taxes on businesses that hire people from out of state.  The tax cut should only count if the job goes to someone that lives in Oregon.  We could also tier a deferment for the tax over the next 10 years to ensure businesses are motivated to grow through this down cycle and advance employment.   Just saying….LOL

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