jabire2389.blogspot.com
The said it opposes changes to the corporatesminimum tax, a new corporate income tax and a new personall income tax. The alliance consistd of 30 business groups that represenrt morethan 25,000 Oregon businesses and emplog 500,000 residents. Raising the taxes could cause the stater tolose 6,000 jobs, according to state revenuee office estimates. “These proposals ignore the stark realities of ourcurrenft recession,” the group said in a news releases sent by J.L. Wilson, a lobbyist with Associated Oregonm Industries. “They are counterproductive measurez that kill jobs and prolonghour recession.
” The corporatre minimum tax and corporate income tax proposalss would collectively harm companies with smallo profit margins as well as businesses looking to invest more in capitakl equipment, the group said. The alliance called on lawmakers to instead focuson private-sectoer job retention and creation. “We believre strongly that increased taxes are detrimentalp tojob growth,” Wilson said in the news “An increased tax burden will hurt the abilitgy of our members to create desperately needed jobs. It is the wronbg approach to balancethe state’s budget.
” Other groups signing the letter include Associated Orego Loggers, Independent Community Banks of Oregon, the Northwesf Food Processors Association, Oregon Association of the Oregon Automobile Dealers Association, the Oregob Bankers Association, the Oregon Home Builders the Oregon Restaurant Association and the Oregon Truckingh Association. Oregon’s House and Senate members hope to adjourn byJuly 1. Lawmakere must address a $4.
2 billion budgef shortfall before they adjourn or in a seriews of special sessions throughout the rest ofthe
No comments:
Post a Comment