Tax Alert: Dems propose 1,280% Tax Increase

By In the news
In: Measure 37
Wednesday May 9, 2007

Press release from House Republican Office:

HOUSE DEMOCRATS PROPOSE 1280 PERCENT TAX INCREASE
ON OREGON BUSINESSES
Rep. Scott: ‘David Edwards Tax Increase’ Hurts Economy, Jobs

SALEM””House Republican Leader Wayne Scott (R-Canby) had the following to say regarding a corporate minimum tax increase being proposed by Rep. David Edwards (D-Hillsboro) and House Democrats:

“This is a tax increase on every business in Oregon, from Enron on down to Mom and Pop.

“According to their own numbers, House Democrats want to raise taxes on the average business by 1280 percent.

“House Republicans oppose irresponsible tax increases that are harmful to our jobs and economy. The “˜David Edwards Tax Increase’ is no different.”

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