November 30, 2015

The Argus Observer: Business tax changes might not be good

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“Other rankings concur with the Tax Foundation’s assessment that Oregon has relatively low business taxes, in part because the state doesn’t have a sales tax. Groups that emphasize fairness also tend to score Oregon well. WalletHub says Oregon has the second-fairest tax system; the Institute on Taxation and Economic Policy ranks it third. Broad rankings that include corporate and individual taxes tend to look less favorably at Oregon. A recent Forbes ranking placed Oregon as the 16th worst state. If you look only at corporate income taxes, Oregon has the 17th highest top bracket.”

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