If approved, Measure 118 would institute a 3% tax on most corporations’ total sales in Oregon above $25 million and distribute the money equally among residents of all ages and incomes. The system would go into effect next year.
If approved, Measure 118 would institute a 3% tax on most corporations’ total sales in Oregon above $25 million and distribute the money equally among residents of all ages and incomes. The system would go into effect next year.
This would be an outstanding outcome. It’s about time someone working towards the American dream gets a break.
The question is probably if it is enough to compete, but it’s something.