Find me on:
This form does not yet contain any fields.
    Powered by Squarespace
    Subscribe

    Entries in Oregon (3)

    Monday
    Oct292018

    Oregon Voters Could Make It Harder to Raise Revenue

    The state already has a supermajority requirement to raise taxes. Businesses want to expand it to protect their tax breaks.
    BY  OCTOBER 29, 2018
    The Oregon Statehouse (Shutterstock)

    For a full summary of November's most important ballot measures, click here.

    Some two decades ago, Oregon joined more than a dozen states in passing a constitutional amendment that requires a legislative supermajority to approve tax hikes. Three years ago, the state Supreme Court and a subsequent legislative counsel opinion created what some say is a loophole. In November, voters could close it, making it harder for the state to raise revenue.

    The 2015 ruling held that while proposals to increase taxes were still subject to the requirement, lawmakers could eliminate tax rebates and exemptions without the three-fifths majority. While that’s consistent with many of the 13 other states with a supermajority requirement for broad-based taxes, it’s led to concerns in Oregon that lawmakers will use the workaround as a way of plugging budget holes or increasing the budget.

    Click to read more ...

    Wednesday
    Nov092016

    Pleas for More Education Funding Fall Short on Election Day

    Voters in two states rejected measures that would have raised taxes -- either for consumers or corporations.
    BY  NOVEMBER 9, 2016

    Voters in two financially-struggling states have struck down proposed tax increases that would have given more much-needed funding to education.

    Public education was one of the biggest casualties of the Great Recession. Nearly a decade since it started, nearly half of states are still providing less general funding for schools than they were the year the economy tanked. But the rejections on election night reflect a feeling among taxpayers that governments are punting on a problem by passing on costs to them, rather than making their own difficult decisions.

    In Oregon, which is facing a $1.3 billion deficit, voters shot down a proposal to impose a tax hike on corporations with more than $25 million in annual sales in the state. Opponents, largely corporations, called it a sales tax in disguise because they warned businesses would pass on the costs to consumers.

    Pat McCormick, a spokesman for the campaign to defeat the tax, told the The Oregonian/OregonLive that Measure 97 "fell of its own weight when people understood what it would do."

    Click to read more ...

    Saturday
    Oct292016

    In Need of Education Funding, States Look to Customers and Corporations

    Tax-raising ballot measures this fall showcase the political power of corporations.
    BY  OCTOBER 21, 2016

    Public education was one of the biggest casualties of the Great Recession. Nearly a decade since it started, nearly half of states are still providing less general funding for schools than they were the year the economy tanked.

    Two states, however, are asking voters to boost education funding this fall -- but they differ on who should pay for it: customers or corporations.

    Click to read more ...