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In response to
"I"m just at a loss as to how we can get a fair share of corporate taxes in the state. If not this, then nothing's gonna work. -- nm"
by
Mop
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What's a fair share?
Posted by
iSpam (aka spamlet)
Oct 29 '16, 19:56
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Oregon taxes 6.6% of income, which is about average for US states. Its a combined return state which means that state shenanigans are factored out. It has a high minium tax already. Portland and Multnomah county also have their own corporate income tax that pushes the combined rate to around 8%, which is on the high end.
The measure would raise $6 billion to close a $1.35 billion shortfall. That doesn't seem right
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