Join the fight against the $6 billion tax on Oregon sales
The Alliance continues to advocate to defeat IP 28, a costly and dangerous $6 billion proposed tax increase that will be on the November ballot.The Alliance continues to advocate to defeat IP 28, a costly and dangerous $6 billion proposed tax increase that will be on the November ballot. IP 28 would create a new 2.5 percent tax on the Oregon sales — not profits — of businesses organized as C-Corps which generate $25 million or more in sales. If passed, IP 28 would increase the state’s general fund by an additional $6 billion, or 25 percent, every two years — the largest tax hike in Oregon history. Ultimately, consumers and small businesses would pay more for everyday items like groceries, electricity, gas and medicines without any guarantees for how the new taxes will be spent. Read more from Alliance chair-elect Jim Mark in this contributed column in the Portland Tribune.