WEATHER IN LINCOLN COUNTY

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Citizens panel endorses corporate tax hike – business groups oppose it

Science he Oregonian photo

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The Oregonian photo

A citizens group charged with reviewing the pluses and minuses of a higher tax on a small group of corporations have endorsed Measure 97 on the November ballot – a tax on corporate profits on sales over $25 million in Oregon. The citizens group noted that Oregon has the lowest corporate tax rates among all 50 states while its schools and other vital public services struggle.

Meanwhile, opponents of the higher tax, mainly business groups, contend the citizens group is all wrong and misled on the facts. Both arguments will appear in the state voters pamphlet that will be mailed by the Secretary of State’s Office this fall.

Here’s more on the story in The Oregonian. Click here.

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