Wagner Boasts Largest Budget Reserves in State History
Ben Edtl slams Democrat Senate Leader Rob Wagner for oppressive tax policy
Download Wagner’s Press Release Here
TUALATIN, Ore. — Senate Majority Leader Rob Wagner put out a press release August 31st, 2022, on behalf of the Senate Democrats, in which he stated: “The responsible and fiscally smart leadership of Oregon Democrats have left us with the largest budget reserves in Oregon state history.” He also stated that “the market is stabilizing and our budgets continue to reflect our success.”
“As everyday Oregonians suffer under historic Biden inflation, record grocery bills and five-dollar per gallon gasoline in Oregon, Wagner has the gull to actually boast about having the largest budget reserve in state history.”
The Corporate Activities Tax, passed by Wagner, is a gross sales tax imposed on any business in Oregon that generates $1M or more in annual revenue. This means everything you buy at the grocery store, what you pay at the gas pump, the clothing you buy, etc. – every commodity you depend on every day to sustain.
“This is a tax that affects all costs of goods sold in Oregon from production to retail. This is not a normal sales tax in which the end retail consumer pays at the end of the supply chain in retail. The CAT tax event occurs at every stage of the supply chain, compounding its way to the consumer’s wallet.”
For example: The food producer pays the CAT tax when it purchases supplies, increasing cost to produce. The food producer then sells the product to a distributer. A second CAT tax event is incurred so the food producer must increase their cost to maintain proper margins. The distributer, who has now paid for two compounding CAT tax events, must raise their price to maintain margins, as well as consider they too will have a CAT tax event when product is sold to the grocery store (a third CAT tax event added to the compounded rate). Now the retailer comes in must pay for three CAT tax events in the supply chain, plus the looming fourth CAT tax event for gross sales to consumers. So, what does the retailer do? The retailer maintains its margins, of course and passes 4 CAT tax events right onto you: the consumer.
This is how Rob Wagner and his Senate Democrats turned Oregon into the 5th most expensive state to live in the nation. And what does Rob Wagner want to do next? Toll our roads and end the mortgage deduction tax credit. We must put a stop to Rob Wagner’s out of control taxation.
“Oregonians need a break, now more than ever. As State Senator I’ll repeal the oppressive CAT tax, stop the ever-increasing gas tax and end Wagner’s effort to toll our roads.”
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For media inquiries contact Ben Edtl directly at ben@benedtl.com or 503-319-5976.
About Ben
After losing his family businesses in Portland from nearly two years of lockdowns, lawlessness and false character attacks, Ben founded Free Oregon, Inc. to stand up to Kate Brown and fight for the Civil Rights of all Oregonians. Now, he’s running for State Senate in District 19 to unseat the Democrat Senate Majority Leader: Rob Wagner.
In Salem, Ben will immediate work to restore public safety, repeal Wagner’s laws that prevent cities in Oregon from clearing homeless camps, make hard drugs illegal again and fully fund treatment programs to make our communities safe again.
Electing Ben Edtl to State Senate will stop Rob Wagner’s intent to toll our roads and reverse his catastrophic taxation on Oregonians.
He’ll rally the Republicans in Salem to eliminate Critical Race Theory and the LGBTQ gender agenda from our public schools, restore basic educational curriculum and give our kids a fighting chance for a successful future.
