Oregon Democrats, desperate for more revenue, propose increasing state corporate income tax

Oregon Democrats on Monday pitched a flurry of last-minute changes to their plan for a major new corporate tax, desperately seeking a version that can draw enough votes to pass as the legislative session enters its last few weeks.

Lawmakers introduced three variations of a slimmed-down gross receipts tax on businesses that, at least for the first four years, would raise much less new money than previous proposals.

Source: Oregon Democrats, desperate for more revenue, propose increasing state corporate income tax | Local | Eugene, Oregon