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

Grape Expectations

October 2014
Thursday, September 25, 2014
BY HANNAH WALLACE

Well-financed outsiders from France and California are buying up vineyards and wineries in the Willamette Valley.


Read more...

The Diaspora

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

Former newspaper reporters move into brand journalism.


Read more...

Powerlist: Law Firms

October 2014
Thursday, September 25, 2014
BY KIM MOORE

A conversation with leading partners at law firms in Portland and eastern Oregon, followed by October's powerlist.


Read more...

Launch

October 2014
Thursday, September 25, 2014
BY JESSICA RIDGWAY

October's Launch article features Soul Kitchen, Easy Company and Slick's Big Time BBQ.


Read more...

A Good Leap Forward

September 2014
Wednesday, August 27, 2014
BY AMY MILSHTEIN

Agriculture businesses ramp up to meet international demand as workforce and succession challenges loom.


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...

Books Rule

October 2014
Thursday, September 25, 2014
BY JON BELL

Powell's stays relevant in the digital age.


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