Oregon House passes substituted Republican $18M tax plan, Dems lacked votes to pass $275M version
The Oregon House today shelved a plan by majority Democrats to raise $275 million from higher-income households and businesses to balance the state budget. Instead, the House voted unanimously to substitute a Republican plan to raise an estimated $18 million. The substitute is based on a decade-old Montana law requiring businesses headquartered in nations known as tax havens to report their income on Oregon returns.
Read the full article here. Discuss below.
Posted on April 24, 2013
|
|
connect with blueoregon