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Proposed ballot measure to raise corporate taxes, give every Oregonian $750/year
Oregon business groups have pledged to fight the ballot measure if it qualifies for the November election.
Oregon voters will likely decide in November whether to establish a historic universal basic income program that would give every state resident roughly $750 annually from increased corporate taxes. The third largest source of contributions are the foundation and mother of Gerald Huff, a software engineer and advocate of universal basic income from California who died in 2018. If a corporation doesn’t earn a net income, they must pay a minimum state tax of $150 to $100,000 based on their total sales, according to the Legislative Revenue Office.
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