Sponsored by Lane Powell

Oregon tax increase plan flops

| Print |  Email
Must Reads
Thursday, April 25, 2013

A Democratic bill to increase taxes on the wealthy flopped on the Oregon House floor.

That surprising defeat overshadowed the subsequent approval of the majority Democrats’ plan to curb costs of public employee pensions, because it seemed to ultimately reopen two issues that House Democrats had hoped to put to bed on the same day.

The Democrats’ tax bill would have generated $275 million in new state revenue over the next two years — primarily by raising taxes on high-income Oregonians and large businesses. Democrats needed at least two votes from House Republicans to get to the 36 required to pass the original tax bill, House Bill 2456.

Read more at The Register-Guard.

{biztweet}oregon tax{/biztweet}

 

Comments   

 
Guest
0 #1 PresidentGuest 2013-04-25 23:46:13
Don't I remember last time the Oregon state raised tax rates, they got less money, because wealthy citizens left the state! We don't need to drive people with money from the state, we should be happy to have them
Quote | Report to administrator
 

More Articles

Live, Work, Play: Amen Teter

February 2015
Tuesday, January 27, 2015
BY JACOB PALMER

Catching up with Amen Teter, Portland-based global director of action sports for Octagon Olympics & Action sports talent agency.


Read more...

Downtown flower shop readies for the Valentine's Day rush

The Latest
Monday, February 09, 2015
021015-giffords-thumbBY MEGHAN NOLT

VIDEO: Gifford's Flowers brings family approach to PSU-area shop.


Read more...

4 married couples who work together

The Latest
Thursday, January 22, 2015
IMG 0020BY JACOB PALMER | OB DIGITAL NEWS EDITOR

They say maintaining a healthy marriage takes work. So does running a business with your spouse.


Read more...

Closing the Gap: The two Oregons and the way forward

February 2015
Monday, January 26, 2015
BY JOE CORTRIGHT

"Nostalgia is not an economic strategy."


Read more...

100 Best: The Power of the Worker

March 2015
Wednesday, February 25, 2015
BY KIM MOORE | OB RESEARCH EDITOR
AND AMY MILSHTEIN | OB CONTRIBUTOR

Technology is empowering people like never before and transforming how employees interact in the workplace. How can companies attract and keep staff engaged in this rapidly changing world?


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...

Raising the Stakes

February 2015
Monday, January 26, 2015
BY LINDA BAKER

The 2014 Bend Venture Conference set a record for the most cash, investments and prizes awarded at an angel conference in the Pacific Northwest. Investments in the six winning companies exceeded $1 million. The 11th annual conference was hosted by Economic Development of Central Oregon.


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