Government has used our tax dollars to create one of the biggest labor shortages in recent memory and is now on the verge of taxing the victims, small businesses owners, for not hiring. As you know, recent Federal $1,200 month bonuses (above unemployment payouts) created a situation where people made more staying home than working. So bad it was that…
Last week (May 25th), the Joint Tax Committee moved HB 2342 out of committee to Ways & Means. Adopting the -9 amendments, the bill caused multiple members of the committee to express concerns. The bill has a 3/5ths requirement to pass both floors – i.e., if signed into law, will implement a new tax. The proposed tax and fee structure…
This is one of those tax mania weeks in the Oregon Legislature. Income Tax Increase (HB 3328): Yesterday, hearings were held on HB 3328 which creates an income tax increase to fund wildlife programs. This follows the Portland-area model of creating a flood of micro-income tax increases to pay for government bloat: • Portland $50 Art Program Income Tax •…
SB 137-1 would disconnect Oregon from the tax relief savings passed by the Federal CARES Act last year resulting in tax increases for Oregon’s businesses. By disconnecting Oregon tax tax code on narrowly targeted areas surrounding the new CARES Act, Oregon disconnects from the tax savings the CARES act provides. Oregon needs these tax savings because Oregon has been hit…
Oregon State Representative Nancy Nathanson has introduced three bills asking the State of Oregon to do a study on taxes. One the key goals is to find taxes that are “stable” which is one of the most common words associated when past Oregon lawmakers have discussed a sales tax. Politicians want to be like California which have major property, income…