President Obama’s fiscal year 2015 budget proposes to increase taxes on individuals by over $820 billion and on businesses by about $500 billion, for a total of over $1.3 trillion in new taxes over the next ten years....
- Portland Business Journal Cites Tax Foundation Fiscal Fact Criticiz...
Portland Business Journal Cites Tax Foundation Fiscal Fact Criticizing Oregon's Recent Slew of Tax Hikes
"Tax Foundation criticizes state tax hikes"
By Portland Business Journal Staff
The Tax Foundation has called Oregon's new tax laws "short-sighted political patchwork" in a study released Thursday. The foundation, a Washington, D.C.-based nonprofit organization that monitors tax policy, said both personal and corporate income tax hikes make the state's tax revenue "more volatile and predictable.
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