Proposed Oregon Corporate Tax to fund resident $750 rebate headed to ballot.
Proposed Oregon Corporate Tax to fund resident $750 rebate headed to ballot.
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Full bill text: https://sos.oregon.gov/admin/Documents/irr/2024/017text.pdf
TLDR; Oregon corporate tax has a minimum rate of 1%. This ballot measure would raise it to 3% and give $750 to each Oregon resident (including children).
Get ready for an Uber/Lyft level of corporate ads and media spamming to try to sink this common sense bill.