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

Fast Food Slows Down

September 2014
Tuesday, August 26, 2014
BY KIM MOORE

The ubiquitous fast-food restaurant may be on the decline.


Read more...

Back to School

September 2014
Wednesday, August 27, 2014
BY LEE VAN DER VOO

By now we’ve all read the headlines: Starbucks is giving away free degrees. Except it isn’t.


Read more...

Gone Fishing

October 2014
Thursday, September 25, 2014
BY LORI TOBIAS

Business has been good to Laura Anderson, leading some to suggest she must be awfully lucky to find such success in a business notorious for failure. But luck’s had little to do with it.


Read more...

Podcast: Interview with Pete Friedes

Contributed Blogs
Wednesday, August 27, 2014

082714-thumb friedesbookTom Cox interviews Pete Friedes, author of "The 2R Manager," about becoming a Best Boss.


Read more...

Knight Vision

October 2014
Thursday, September 25, 2014
BY VIVIAN MCINERNY

Travis Knight wants to release a movie a year. Can he pull it off?


Read more...

Innovation: a critique

News
Wednesday, October 08, 2014
1008 innovation thumbBY LINDA BAKER | OB EDITOR

A Design Week panel discussion raises questions about how innovative we really are.


Read more...

The Diaspora

October 2014
Thursday, September 25, 2014
BY LEE VAN DER VOO

Former newspaper reporters move into brand journalism.


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