Legislative Leaders and Key Labor Union Oppose Measure 118
August 13, 2024
The opposition comes even as the per capita check from the Oregon Rebate has grown to $1,600. Legislative leaders joined Gov. Tina Kotek this week in opposing a November ballot measure that promises to take from rich corporations and give to all Oregonians. Ballot Measure 118, also called the Oregon Rebate, would raise taxes on large corporations […]
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Kotek Pans Initiative Petition 17, Which Would Raise Corporate Taxes
July 30, 2024
The governor says the proposal to write nearly every Oregonian a $750 check would “punch a huge hole in the state budget.” Gov. Tina Kotek tells WW that she’s against Initiative Petition 17, the November ballot measure that would raise corporate taxes about $7 billion a year through a new gross receipts tax and use the proceeds to send […]
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Broad Coalition Formed to Defeat Initiative Petition 17
New $6.8 Billion Tax on Sales would be Largest Tax in State History,
Hurting Oregon Businesses and Costing Consumers Billions
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GeTtin’ SALTy Episode 32 | A Conversation with the Tax Foundation about Oregon Initiative Petition 17 [Podcast]
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 […]
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Increases to Oregon Minimum Tax May Qualify for November Ballot
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. If passed, IP17 would significantly increase Oregon’s Corporate Minimum Tax for corporations with annual Oregon […]
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Oregon Ballot Measure Would Yield Sky-High Business Tax Rates
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 […]
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