In Oregon Voters Raised Taxes

HopeTracker| In news that hasn’t hit the big-screen yet, Oregon voters didn’t follow Massachusetts last Tuesday. in moving ‘right’ at the polls. A double-barreled victory raised taxes on corporations and the wealthy to preven further erosion of public schools and other state services.

Educators and legislative leaders see closing the $727 million state budget shortfall as a result of raising taxes on households with taxable income above $250,000. The passage of Measure 67 sets higher minimum taxes on corporations and increases the tax rate on upper-level profits. via