Oregon Republicans are seeking a $150 million tax break for some business owners to protect them from the state’s high income tax.
Oregon Republicans are seeking a $150 million tax break for some business owners to protect them from the state’s high income tax.
The tax break, which would apply to the first $10 million of private business income under certain circumstances, isn’t universally popular with lawmakers. Some Democrats have called it a “non-starter.”
But without it, Republicans say they’re unwilling to support Democratic plans to raise taxes, even if those increases are coupled with cuts to public employee pensions.
Read more at OregonLive.com.
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