Lawmakers in Washington are trying to impose a 6-cent-per-gallon tax on fuel exported to Oregon . Our elected leaders should push back.
Oregon’s March 2022 revenue forecast suggests that record tax collections will persist for years. OBI President and CEO Angela Wilhelms urged lawmakers to end consideration of any tax increases for the near future.
Oregon voters are frustrated. That is the overarching takeaway from a statewide voter survey conducted by DHM Research for the OBI Education & Research Foundation in October. Voters are worried about the economy and their own personal finances, are highly concerned about homelessness, see Portland as dysfunctional and harming the state overall, and believe that…
Due to recently passed new taxes and increases of existing taxes, at both the state and local levels, a stunning number of Oregon businesses are now giving serious consideration to leaving Oregon according to findings from a survey of nearly 500 business CPAs and local chamber of commerce leaders.
“Employment is rebounding, but is still short of pre-pandemic levels, which makes it clear we are not out of the woods in terms of the pandemic’s impact on individual Oregonians,” said OBI President & CEO Sandra McDonough. “On the other hand, the state of Oregon is hitting record highs in terms of tax collections.”
By The Oregonian Editorial Board
Even as the pandemic begins to wane, there are still plenty of ways to go wrong. Oregon can’t relent in its push to immunize nor neglect the needs of children not yet eligible for vaccines. But Oregon Gov. Kate Brown has chosen to make a different mistake: Not letting up enough.
The May revenue forecast, released today, shows that Oregon’s state tax collections are at a record high, and that is expected to continue for the next several years. With billions in federal aid on the way and these astonishingly strong tax collections flowing to state coffers, Oregon lawmakers have more than enough money to balance the existing budget and create a reasonable spending plan for the next fiscal biennium.
These latest closures – with little time for the businesses to prepare – are one more setback to business owners who have followed all the rules, keeping their customers and employees safe for more than a year.