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

The Carbon Calculus

February 2015
Friday, January 23, 2015
BY KIM MOORE | OB RESEARCH EDITOR

Carbon pricing is gaining momentum in Oregon, sparking concern for energy-intensive businesses — but also opportunity to expand a homespun green economy.


Read more...

10 quotes explaining crisis at Port of Portland

The Latest
Friday, February 20, 2015
022015 port portland OBM-thumbBY JACOB PALMER | OB DIGITAL NEWS EDITOR

The ongoing labor disputes at the Port of Portland came to a head two weeks ago when Hanjin, the container port's largest client, notified its customers it would be ending its direct route to Oregon.


Read more...

MBA Perspective

February 2015
Tuesday, January 27, 2015
BY KIM MOORE

Robin Anderson, dean of the Pamplin School of Business, University of Portland: "You need people who are comfortable leading in ambiguity."


Read more...

A legislative preview — and celebration

Linda Baker
Friday, January 23, 2015
012315-speaker-thumbBY LINDA BAKER | OB EDITOR

The Northwest Environmental Business Council previews the 2015 legislative agenda as Hatch Oregon celebrates Oregon's new community crowdfunding rules.


Read more...

Thy neighbor's house

March 2015
Friday, February 20, 2015
BY LINDA BAKER | OB EDITOR

Vacasa may lack the name recognition of Airbnb. But not for long.


Read more...

Tweeting Portland's State of the City address

News
Friday, January 30, 2015
Screen Shot 2015-01-30 at 3.08.19 PMBY JACOB PALMER | OB DIGITAL NEWS EDITOR

For those who were working, here are a few highlights of Charlie Hales' State of the City address.


Read more...

Meeting Facilities Perspective

March 2015
Tuesday, February 24, 2015
BY KIM MOORE | OB RESEARCH EDITOR

A conversation with Donna Earley, director of sales and marketing for the Salem Convention Center.


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