Our Oregon, which is backed by unions, has scheduled rallies on Oct. 3 in major cities around the state.
BY JACOB PALMER | DIGITAL NEWS EDITOR
A group that is backed by unions announced Wednesday that it is pursuing a ballot initiative that would raise taxes on corporations by $2.5 billion annually.
Our Oregon has scheduled rallies on Oct. 3 in major cities around the state.
Their determination to move ahead will rekindle the bitter fight that unions and business waged in 2010 over Measures 66 and 67, the voter-approved tax hikes on corporations and well-to-do personal income taxpayers.
“I think this kind of investment into Oregon from out-of-state corporations will bring a dramatic improvement to Oregon’s economy,” said Ben Unger, executive director of Our Oregon.
The group says it will pursue an initiative that would target corporations reaching $25 million in annual sales. Under the measure, corporations above that sales levels would pay a minimum tax of $30,000 a year, plus 2.5 percent of sales above $25 million.
(SOURCE: OregonLive.com)
The 2016 ballot is going to be rich in initiatives.
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