Legislature closes in on Nike friendly tax hike

The RG’s Saul Hubbard has the report here:

The push for a new gross receipts tax received a momentum boost this week when a group of businesses, for the first time, publicly expressed some level of support for the effort.

That coalition, which includes heavyweight Ore­gon companies such as Nike and Intel, as well as Comcast NBC Universal, Genentech and technology firms, said in a prepared statement that it supports “forging a path toward greater stability in the state budget” and is “committed” to working with Hass and Kotek.

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One Response to Legislature closes in on Nike friendly tax hike

  1. phil the coffers says:

    A few major corps know Oregon is going to pass a tax measure eventually, and are smart to make sure it places that burden squarely on anyone else. They poured piles of cash into defeating 97 and will do the same to support this upcoming legislation because in the long term it will make them rich at the expense of Oregonians. Thanks to trickle down economics we can beg to see some of that get used for vanity projects like football while tuition soars double digits every year.

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