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Manufacturers abandon effort to repeal new $1 billion Oregon business tax for education

A group of Oregon industrial companies said this week that they gave up on efforts to repeal a $1 billion a year increase in business taxes, aimed at improving public education and early childhood education.

It means the tax on Oregon sales will very likely go into effect in January, eventually providing an 18% boost in state education spending plus hundreds of millions of dollars for early childhood education.

Here’s more from The Oregonian. Click here.

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