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This story will be updated at 8 p.m. with the initial election results. Measure 118, known as the "Oregon Rebate," would increase the minimum tax by 3% on businesses that have sales in the state ...
Oregon Ballot Measure 118, the Corporate Tax Revenue Rebate for Residents Initiative, was a proposed Oregon state initiative that was decided by voters as part of the 2024 Oregon elections on November 5, 2024. [1] [2]
Millions have been raised in opposition of the measure which would raise taxes on some corporations and distribute the money to every Oregonian. Measure 118: 'Oregon Rebate' proposes taxing ...
Oregon residents will soon vote on a corporate tax increase to give them a universal basic income. Businesses have spent millions to oppose the 3% tax on corporate sales over $25 million.
The Oregon tax rebate, commonly referred to as the kicker, is a rebate calculated for both individual and corporate taxpayers in the U.S. state of Oregon when a revenue surplus exists. The Oregon Constitution mandates that the rebate be issued when the calculated revenue for a given biennium exceeds the forecast revenue by at least two percent ...
Measure 116 would establish an Independent Public Service Compensation Commission to determine certain public officials' salaries. Measure 117 would allow for ranked-choice elections for federal and most state offices, except for state legislature. Measure 118 would require Oregon issue rebates to residents from surplus corporate tax revenue.
The measure rolled back property taxes to 1995 levels. Measure 47 also mandated a double majority for ballot measures increasing taxes. With Sizemore's assistance, the Oregon Legislative Assembly amended some of the provisions of Measure 47 in 1997, [4] and referred the amendments back to the voters as Measure 50, which also passed. [5]
A man posed as an Amazon worker to steal packages from porches in Oregon, deputies said. Residents saw the 46-year-old man at 4:47 a.m. Aug. 5 at an apartment complex in Rock Creek, the Washington ...