from OpenLeft:
Big Swing-State Tax Win - Yes, It Could Be A Harbinger of Similar Fights Throughout the Country by: David Sirota
Thu Jan 28, 2010 at 09:00
Just to follow on Chris's post last night, Oregon is perennially one of the most contested electoral swing states in the country. And this week, it delivered a powerful message on taxes - namely, that Reagan's corpse can be defeated when progressives get bold. Check out this excerpt from the Oregonian (and I know Chris printed it last night, but it's important enough to be reprinted again):
Oregon voters bucked decades of anti-tax and anti-Salem sentiment Tuesday, raising taxes on corporations and the wealthy to prevent further erosion of public schools and other state services.
The tax measures passed easily, with late returns showing a 54 percent to 46 percent ratio. Measure 66 raises taxes on households with taxable income above $250,000, and Measure 67 sets higher minimum taxes on corporations and increases the tax rate on upper-level profits.
Campaign ads by supporters highlighted banks and credit card companies and showed images of well-dressed people stepping off private jets. They also hammered on the $10 minimum tax that most corporations have paid since its inception in 1931.
The policy and political importance of this victory cannot be overstated - it comes in a swing-state whose earth has been scorched by right-wing anti-tax/anti-government arguments for decades. It was opposed by all the usual suspects, including celebrity corporatists like Nike CEO Phil Knight. And yet progressives won - resoundingly. ........(more)
The complete piece is at:
http://www.openleft.com/diary/17140/big-swingstate-tax-win-yes-it-could-be-a-harbinger-of-similar-fights-throughout-the-country