Tax, PERS bills will pass, Tina Kotek says

| Print |  Email
Must Reads
Tuesday, April 23, 2013

Oregon House Speaker Tina Kotek said that two key bills to balance the state budget will pass this week.

The House has scheduled votes Wednesday on bills that whittle down the cost of public employee pensions and raise $275 million in new revenue mainly by increasing corporate tax rates and reducing deductions for the wealthy. Passage would represent a tipping point of the 2013 session, although the plan could still be derailed in the Senate.

Reducing pension benefits requires only a simple majority in the House, which is controlled by Democrats. But raising taxes takes a three-fifths majority, which means at least two Republicans would have to break ranks.

Read more at OregonLive.com.

{biztweet}tax pers{/biztweet}

 

Comments   

 
Guest
0 #1 Sounds great!Guest 2013-04-23 18:17:41
Yes, let's punish the corporations and those that make the economy work (wealthy small business owners)!! Isn't Nike a Corporation? Oh wait a minute, they get special privileges don't they.
This shows how out of touch some of our legislators truly are! How in the world do they think raising taxes on corporations will help the economy? We need jobs in Oregon, JOBS! This move will do just the opposite. Good grief! Wake up SALEM.
Quote | Report to administrator
 
 
Guest
0 #2 Wonderful!Guest 2013-04-23 18:35:55
Ms. Kotek is just one more politician who thinks she knows what's best for us regardless of what the huge majority and the real experts think when it comes to PERS reform. She'll ram this weak effort at control down our throats and then find some other way to pay for it--oh yeah, raise taxes!
Quote | Report to administrator
 

More Articles

Shades of Gray

May 2015
Monday, April 27, 2015
BY KIM MOORE

Are we too quick to diagnose corruption?


Read more...

Celestial Eats

May 2015
Monday, April 27, 2015
BY JACOB PALMER AND EILEEN GARVIN

A power lunch at Solstice Wood Fire Cafe & Bar.


Read more...

The Good Hacker

May 2015
Friday, April 24, 2015
BY CHRIS HIGGINS

As digital security breaches skyrocket, a cybersleuth everyman takes center stage.


Read more...

Make the Case

May 2015
Monday, April 27, 2015

10 briefcases that mean business.


Read more...

European Vacation

Guest Blog
Thursday, April 23, 2015
norristhumbBY JASON NORRIS | GUEST BLOGGER

There are winners and losers with a strengthening U.S. dollar.


Read more...

Knight Cancer Challenge No Biotech Dream

May 2015
Monday, April 27, 2015
BY JOE CORTRIGHT

The Knight challenge is an important instance of philanthropy. But we should not assume it will magically transform OHSU into a business- and job-spinning engine for the local economy.


Read more...

Much ado about data-driven organizations, for good reason

Contributed Blogs
Monday, April 13, 2015
bigdatathumbBY GRANT KIRBY | OP-ED CONTRIBUTOR

The mega-shift from technology-driven to data-driven organizations raises questions about Oregon’s workforce preparedness.


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