Chair Burdick, Vice-Chair Boquist, and Members of the Committee,
My name is Daniel Hauser, tax policy analyst for the Oregon Center for Public Policy, and I respectfully submit this testimony regarding SB 139.
My name is Daniel Hauser, policy analyst for the Oregon Center for Public Policy, and I respectfully submit this testimony in support of HB 21
My name is Daniel Hauser, tax policy analyst for the Oregon Center for Public Policy, and I respectfully submit this testimony in opposition to SB 151, legislation that would renew the expiring bovine manure tax credit.
My name is Daniel Hauser, tax policy analyst for the Oregon Center for Public Policy, and I respectfully submit this testimony in support of SB 312 with the -1 amendment.
My name is Daniel Hauser, tax policy analyst for the Oregon Center for Public Policy, and I respectfully submit this testimony in support of SB 137 with the -1 amendment.
Before the COVID-19 pandemic upended the economy, the income of Oregon’s ultra-rich had set yet another record. In 2018, the year with the most recently available data, the average income of the richest 0.1 percent — the top one-tenth of 1 percent — rose to more than $5 million, the highest ever.
Unless the Oregon legislature intervenes, some very rich business owners will receive a new tax cut from the state, just when schools and other essential services are starved for resources due to the coronavirus crisis. An obscure provision in the Coronavirus Aid, Relief, and Economic Security (CARES) Act created a new tax break whose only beneficiaries are a select group of rich business owners.
Unless the Oregon legislature intervenes, some very rich business owners will receive a new tax cut from the state, just when schools and other essential services are starved for resources due to the coronavirus crisis.
Last week, a fight over a ballot measure to fund services for people experiencing homelessness in the Portland metropolitan area spilled out into public view.
Suspending the Oregon Corporate Activity Tax (CAT), as some in the business community have urged, would undermine school funding at a time when resources for education will already be in short supply.
© Oregon Center for Public Policy 2023
