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September 27, 2024

By: News Register Editorial Board Measure 118:  This is a gross receipts sales tax designed to shift wealth from the corporate elite to the common man. The idea is assessing a 3% tax on the gross receipts of corporations taking in more than $25 million a year to use the projected $6.8 billion to cut […]

September 16, 2024

Common Sense Institute, a business-friendly think tank that’s raising its profile in Oregon, today took a close look at Measure 118, the November ballot measure that would impose a 3% gross receipts tax on corporations with Oregon sales of more than $25 million a year.

September 4, 2024

I applaud the many state lawmakers who oppose Measure 118 (“Ballot measure to tax corporations and pay Oregonians $1,600 a year draws bipartisan opposition,” Aug. 13), which would spell disaster for Oregon businesses, including independent medical practices. While non-profit hospitals are excluded from this proposed tax, it broadly applies to other medical entities, including independent oncology practices.

August 23, 2024

Virtually every major player in Oregon politics has come out against the proposal. That’s a big change — and no guarantee it can’t succeed.

Eight years ago, a proposal to raise Oregon taxes on large businesses had corporations and public sector unions at each other’s throats.

August 22, 2024

The Oregon Center for Public Policy has also advocated for higher corporate taxes but nonetheless pans the Oregon Rebate. If there was one group in Oregon that backers of Measure 118, the so-called Oregon Rebate, might have expected to support the November ballot measure, it would have been the Oregon Center for Public Policy. A […]

New $6.8 Billion Tax on Sales would be Largest Tax in State History,
Hurting Oregon Businesses and Costing Consumers Billions

July 17, 2024

In this episode of GeTin’ SALTy, host Nikki Dobay is once again joined by Jared Walczak, vice president of state projects at the Tax Foundation, for a discussion of an Oregon ballot measure (IP17) that is on the verge of qualifying for the November election. If passed by voters, IP17 would amend Oregon’s Corporate Minimum tax by eliminating the current cap and imposing a 3% gross receipts tax on all corporate taxpayers with Oregon sales in excess of $25 million.

June 20, 2024

Oregon Initiative Petition 17 (IP17), also known as the People’s Rebate, appears on track to qualify for the November 2024 ballot. As of June 14, the measure’s proponents have submitted over 135,000 signatures, well above the 117,173 needed to qualify.

June 13, 2024

The all-in Oregon state and local tax rate on large businesses could exceed 56 percent under a proposed ballot measure that purports to impose only a small tax increase on large businesses.

The website for the IP-17 effort, which establishes a 3 percent corporate minimum tax on Oregon gross sales above $25 million, offers the following supposed fact: “Fact: The largest corporations pay less than 1% in Oregon tax. We all pay between 5-10% in Oregon tax. Is that right? No! So we start to fix that.”