Our Campaigns - OR Measure 67 - Raises $10 corporate minimum tax, business minimum tax, corporate profits tax. Race

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OR Measure 67 - Raises $10 corporate minimum tax, business minimum tax, corporate profits tax.

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> United States > Oregon > Measures > 2010 Measures > OR 67 - Raise corporate minimum tax, business minimum tax, and corporate profits tax?

Office

Referendum

Honorific

Referendum - Abbr:

Type

Referendum

Filing Deadline

July 01, 2009 - 12:00am Central

Polls Open

January 26, 2010 - 09:00am Central

Polls Close

January 26, 2010 - 10:00pm Central

Term Start

March 01, 2010 - 12:00pm

Term End

January 01, 2100 - 12:00pm

Turnout

58.98% Registered 37.23% Total Population

Contributor

Scott³

Last Modified

Mr. Matt December 31, 2011 11:58am

Data Sources

[Link]

Description

BALLOT TITLE:
Raises $10 corporate minimum tax, business minimum tax, corporate profits tax. Provides funds currently budgeted for education, health care, public safety, other services.

Yes vote: “Yes” vote raises $10 corporate minimum tax, establishes $150 minimum tax for most businesses or minimum tax of approximately 0.1% of total Oregon revenues for some corporations with over $500,000 in Oregon revenues. Raises tax rate some corporations pay on profits by 1.3 percentage points. Increases certain business filing fees. Raises estimated $255 million to provide funds currently budgeted for education, health care, public safety, other services.

No vote: “No” vote retains $10 corporate minimum income tax, rejects $150 minimum tax, rejects raising corporate profits tax, other changes. Leaves amount currently budget for education, health care, public safety, other services underfunded by estimated $255 million.

PRIMARY/OTHER SCHEDULE