Sponsored by Lane Powell
Home Must Reads Oregon lawmakers weigh sales tax

Oregon lawmakers weigh sales tax

| Print |  Email
Must Reads
Tuesday, April 16, 2013

Oregon lawmakers are considering a state sales tax, coupled with income tax reductions and other changes.

On Monday, lawmakers held the first public hearing on twin tax proposals. One would ask voters to enshrine in Oregon’s constitution a 5 percent sales tax on most goods and services, excluding food and medicine. The other would trim income tax rates across the board, make a targeted cut to capital gains taxes and increase some tax credits available to low- and middle-income Oregonians and businesses.

In practice, restructuring the system in this way might leave many Oregonians facing little or no increase in the taxes they pay, supporters say, while providing a two-year net increase in state revenue of about $750 million, mostly from sales of goods and services to out-of-state residents.

Read more at The Register-Guard.

{biztweet}oregon sales tax{/biztweet}

 

Comments   

 
Guest
0 #1 RE: Oregon lawmakers weigh sales taxGuest 2013-04-16 18:43:49
Before hanving or adding any new tax, new publi employees should not get PERS and get a 401K like private sector. Enough is enough.
Quote | Report to administrator
 

More Articles

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...

Molecular Movies

September 2014
Wednesday, August 27, 2014
BY LINDA BAKER

Dr. Chong Fang isn’t God. But the assistant professor of chemistry at Oregon State University is getting closer to figuring out how he put everything together. 


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...

Buyer's Remorse

September 2014
Tuesday, August 26, 2014

Parents and students paying for college today are like homeowners who bought a house just before the housing bubble burst.


Read more...

Video: The 100 Best Survey

News
Thursday, August 28, 2014

100-best-logo-2015 500pxw-1OB Research Editor Kim Moore shares some pointers about the 100 Best Companies to Work For survey.


Read more...

Startup or Grow Up?

September 2014
Tuesday, August 26, 2014
BY JON BELL

Startup culture is all the rage. Is there a downside?


Read more...

What I'm Reading

September 2014
Wednesday, August 27, 2014

Kim Ierian, President of Concorde Career Colleges, and Deborah Edward, Executive Director of Business for Culture & the Arts, share their recent reads.


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