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GOP seeks $150M tax break for biz owners

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Thursday, June 20, 2013

Oregon Republicans are seeking a $150 million tax break for some business owners to protect them from the state's high income tax.

The tax break, which would apply to the first $10 million of private business income under certain circumstances, isn't universally popular with lawmakers. Some Democrats have called it a "non-starter."

But without it, Republicans say they're unwilling to support Democratic plans to raise taxes, even if those increases are coupled with cuts to public employee pensions.

Read more at OregonLive.com.

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