Today, the Tax Foundation released our new research on Initiative Petition 28 in Oregon, entitled “Oregon Initiative Petition 28: The Threat to Oregon’s Tax Climate.” If adopted, Oregon would rank worst in the nation on...
- Map: State Business Tax Climate Index, 2012
Map: State Business Tax Climate Index, 2012
Key Findings Initiative Petition 28 (IP28) would establish a new gross receipts tax on Oregon corporations. The new tax would charge firms 2.5 percent for all sales in excess of $25 million. If passed, the tax would raise an estimated $5...
Key Findings A proposal under consideration in Illinois would convert the state’s single-rate individual income tax into a four-bracket tax with a top rate of 9.75 percent on individuals and 11.25 percent on small businesses. The...
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