Well, there you have it again! Our Legislature wants to protect their right to use their sur-tax method for raising General Funds instead of the direct approach of if it's needed, raise the Sales Tax. Which incidently requires we go to Congress yearly, on bended knee, to obtain credit for the use of our hard-earned money to support local government.
Come on Legislature, aren't you hearing us, your well-worn out tax-payers?
In Response To:
Senate Democrats took a first step Wednesday toward raising taxes by introducing a bill to amend voter-approved Initiative 960 to temporarily get rid of its requirement for a two-thirds vote for tax increases.
In the House, Finance Committee chairman Ross Hunter introduced a separate measure that would raise or protect up to $363 million in revenue in the next year by eliminating a series of tax exemptions. He said his measure can’t be passed without changes to I-960.
Hunter’s tax plan includes provisions to undo the effects of a court ruling in the Dot Foods case that affects supplies for door-to-door sales as well as provisions to tax out-of-state companies that do a certain amount of business in the state. Others would tax airplane ownership and close a sales-tax exemption for out-of-state residents such as Oregonians who shop here. Others would affect mortgage deductions, tax debts and foreclosures.
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