September 26, 2013

Oregon Center for Public Policy: A Grandly Flawed Bargain

ITEP Work in Action

The revenue package that Governor Kitzhaber has presented to the Oregon legislature to consider in a special session starting September 30 suffers from three major flaws: revenue shrinks after the current budget period, it’s mainly a tax cut for some of Oregon’s wealthiest 1 percent, and it won’t create any jobs, despite what its proponents claim. Removing the subsidy for the wealthy would help ensure that the tax package raises enough revenue in future budget periods to support the new investments, and would be more in line with taxpayers’ ability to pay.

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