Now Playing:

News

local | News | NW Life | Politics | Nation | Economy

Corporate Tax: Dueling PACs Raise Millions


Two groups campaigning on opposite sides of a ballot measure that would increase corporate taxes have raised millions of dollars ahead of the Nov. 8 election.

The proposed tax, called Measure 97, would create a 2.5 percent tax on sales exceeding $25 million for some corporations.

Our Oregon, the group supporting the tax, has raised $1.5 million so far. The money is from just two donations of $750,000 each by the Oregon Education Association and SEIU Local 503, the state’s largest public sector unions.

The business-backed Defeat the Tax on Oregon Sales is campaigning against Measure 97, and has raised more than $5 million from nearly 800 donations. Most contributions are from corporations or their executives.

To read more, visit The Statesman Journal.

Measure 97 Tax Oregon

More News

More OPB

OPB has updated its privacy policy. You can find details here.

Related Content