Sponsored by Forest Grove Economic Development
Home Must Reads Oregon Democrats release tax plan

Oregon Democrats release tax plan

| Print |  Email
Must Reads
Wednesday, April 10, 2013

The Oregon Legislature released a $275 million tax increase plan that would fall on the top 5% of taxpaying households.

75% of the increase would come from single Oregonians with incomes over $125,000 or couples with earnings over $250,000.

The other new revenues would come from removing the cap on state corporate taxes for roughly 235 companies with annual Oregon-based sales exceeding $100 million, and requiring conglomerates with headquarters in “tax havens” to pay state taxes on profits derived from Oregon sales.

Democrats argue that the tax increases are needed, along with their cost-curbing proposal for public employee pensions, to equitably achieve their goal of state government spending $6.75 billion on K-12 schools over the next two years.

Read more at The Register-Guard.

{biztweet}oregon tax{/biztweet}

 

Comments   

 
Guest
+1 #1 Democrats tax planGuest 2013-04-10 19:08:30
Democrats still want US to pay for their mistakes and mis-management of affairs. The only equitable solution would be for all Oregon debt holders INCLUDING pensioners to go into a bankruptcy write down of the debt to match the money the tax payers are willing to spend, and then make every increase require a vote from the taxpayers to approve of higher taxes.
Quote | Report to administrator
 

More Articles

The Scott Kveton affair

News
Wednesday, July 09, 2014
ScottKvetonBY LINDA BAKER | OB EDITOR

Scott Kveton, the CEO of Urban Airship is taking a leave of absence from the company. As the story continues to unfold, here’s our perspective on a few of the key players.


Read more...

South Waterfront's revenge

News
Thursday, July 24, 2014
MoodyAveBY LINDA BAKER | OB EDITOR

Remember the naysayers?  Those who called the South Waterfront aerial tram a boondoggle?  Those who rejoiced at the massive sell off of luxury condos at the John Ross and Atwater Place?


Read more...

Risks & rewards of owning triple net investments

Contributed Blogs
Thursday, July 24, 2014
NNNinvestmentBY CLIFF HOCKLEY | OB GUEST CONTRIBUTOR

With the increasing retirements of Baby Boomers, a massive real estate shift has created a significant increase in demand for NNN properties. The result? Increased demand has triggered higher prices and lower yields.


Read more...

Private liberal arts education: superior outcomes, competitive price

Contributed Blogs
Tuesday, August 26, 2014
0826 thumb collegemoneyBY DEBRA RINGOLD | OP-ED CONTRIBUTOR

Why has six years become an acceptable investment in public undergraduate education that over-promises and underperforms?


Read more...

Two sides of the coin

Contributed Blogs
Monday, August 25, 2014
0825 thumb moneyBY JASON NORRIS | OB GUEST BLOGGER

Ferguson Wellman’s investment views on the economy and capital markets.


Read more...

Interview: Dr. Mark Goulston

Contributed Blogs
Thursday, July 10, 2014
JustListenBY TOM COX | OB BLOGGER

Tom Cox interviews Dr. Mark Goulston, author of Just Listen, Discover the Secret to Getting Through to Absolutely Anyone.


Read more...

Managing family assets: The importance of planning ahead

News
Friday, August 22, 2014
Unknown-1BY CLIFF HOCKLEY |  OB GUEST CONTRIBUTOR

When business intersects with family, a host of  situations can arise. Without a clear vision and careful planning, hard-earned investments can become stressful burdens.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS