Oregon voters will decide on a corporate tax increase that could give residents a universal basic income.Grace Cary/Getty ImagesOregon residents will soon vote on a corporate tax increase to give them a universal basic income.Businesses have spent millions to oppose the 3% tax on corporate sales over $25 million.Both Democrats and Republicans say the measure could harm the state budget and essential services.Oregon businesses are spending big to oppose a ballot measure that would tax corporations and give residents $1,600 a year in a rebate program that is similar to a universal basic income.And lawmakers, both Democrats and Republicans, seem to agree.
Oregon Businesses Are Spending Millions To Oppose A Ballot Measure That Would Give Every Resident A $1,600-a-year Basic Income
kniemeyer@insider.com (Kenneth Niemeyer,Katie Balevic), Business Insider
Sun, 09/29/2024 - 3:23pm
Topics: grace cary/getty imagesoregon rebate pac gov tina kotek willamette week july senate democratic leadership fund republican party if measure temporary assistance needy families medicaid chris allanach legislative revenue officer the legislature antonio gisbert ubiuniversal united states permanent fund oregon democrats republicans measure tina kotek democratic august legislative revenue office gisbert general fund business insider alaska give resident basic income millions to oppose tax corporate programs services increase told support increased voters fight economic economy interests corporations essential budget lawmakers payments raised show opposition dollars fighting called immediately offer hole conservative
BING NEWS:
- Oregon businesses are spending millions to oppose a ballot measure that would give every resident a $1,600-a-year basic income
Oregon businesses have spent millions to oppose a ballot measure that would establish a corporate tax to be redistributed as universal basic income.
09/29/2024 - 11:23 am | View Link - Oregon voters to decide on ballot measure to give every resident $1,600 that has sparked massive opposition fundraising
Oregon voters will decide this fall whether to increase corporate taxes to establish the nation’s largest universal basic income program. Funded by a new corporate tax, it would give every Oregonian ...
09/21/2024 - 4:00 am | View Link - More
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