iStock; Rebecca Zisser/BIOregon's universal basic income measure failed, with 78.8% of voters opposing the policy.The measure proposed giving $1,600 annually to state residents, funded by a corporate tax increase.Basic income programs have been tried across the US as an approach to poverty reduction.Oregon's effort to institute a statewide universal basic income failed on November 5.
Corporations Raised $16 Million To Oppose Oregon's Universal Basic Income Plan. They Won.
allisonkelly@businessinsider.com (Allie Kelly), Business Insider
Wed, 11/06/2024 - 8:56am
Topics: rebecca zisser/bioregon the associated press democrats pac oregon's ubi california new mexico gbi ubi although democratic candidate andrew yang freedom dividend american alaska permanent fund business insider oregon november measure oregon rebate ubi corporations raised million oppose plan state cash programs residents policy assistance funded failed give program tax pilots giving corporate participants approach poverty efforts annually launched voters guaranteed major job payments no-strings-attached money reported resembles create
BING NEWS:
- Corporations raised $16 million to oppose Oregon's universal basic income plan. They won.
Oregon's effort to institute a statewide universal ... to oppose the measure. The opposition movement to Measure 118 raised over $16 million — more than 26 times what the Oregon Rebate support PAC ...
11/6/2024 - 3:27 am | View Link - Voters oppose Oregon Measure 117 on switch to ranked choice voting
Oregon voters have rejected a proposal to adopt ranked choice voting statewide while the state’s largest city conducted its first ranked choice election. According to the Secretary of State’s Office, ...
11/6/2024 - 1:23 am | View Link - Measure 118, Oregon’s proposed business tax hike, on course to fail
Measure 118, a proposal to raise taxes on large businesses by more than $6 billion a year and distribute the money back to Oregonians, was trailing in initial returns Tuesday. The Oregonian/OregonLive ...
11/5/2024 - 4:22 pm | View Link - Voters reject Oregon’s Measure 118 on creating new corporate tax and rebate for residents
“In this case, the opposition to Measure 118 raised over $16 million to defeat it — more than 26 times ... along with Californians who support adopting a universal basic income that would give ...
11/5/2024 - 11:00 am | View Link - Most in Oregon opposed to measure creating universal basic income: Poll
A poll conducted by the Public Policy Polling firm shows that 54% of Oregon voters oppose a state effort to provide every Oregonian with $1,600 a year in basic income, citing potential negative ...
10/28/2024 - 5:14 am | View Link - More
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