Sponsored by Energy Trust

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

Shuffling the Deck

November/December 2014
Wednesday, October 22, 2014
BY JON BELL

Oregon tribes still bet on casinos.


Read more...

The short list: 5 hot coffee shops for entrepreneurs

Contributed Blogs
Friday, November 14, 2014

CupojoeBY JESSICA RIDGWAY

Oregon entrepreneurs reveal their favorite caffeine hangouts.


Read more...

Corner Office: Pam Edstrom

January-Powerbook 2015
Saturday, December 13, 2014

Seven tidbits of information from an agency partner and co-founder of Waggener Edstrom in Lake Oswego.


Read more...

A Complex Portrait: Immigration, Jobs and the Economy

November/December 2014
Wednesday, October 22, 2014
BY JOE ROJAS-BURKE & KIM MOORE

Oregon Business reports on the visa squeeze, the skills gap and foreign-born residents who are revitalizing rural Oregon.


Read more...

Corner Office: Marv LaPorte

January-Powerbook 2015
Saturday, December 13, 2014

The president of LaPorte & Associates lets us in on his day-to-day life.


Read more...

Corner Office: Timothy Mitchell

January-Powerbook 2015
Saturday, December 13, 2014

A look-in on the life of Norris & Stevens' president.


Read more...

Shifting Ground

November/December 2014
Wednesday, October 22, 2014
BY JOE ROJAS-BURKE

Bans on genetically modified crops create uncertainty for farmers.


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