Archive for: June, 2009

SALEM — After an unexpected one-day delay, the Senate today passed two pieces of legislation that would raise $733 million in additional tax revenue for the state in order to balance the 2009-11 budget.
On Wednesday, Sen. Mark Hass (D-Beaverton) cast the deciding vote against the tax measures that would raise the corporate minimum tax and the personal income tax for joint filers who earn more than $250,000 a year annually, citing a desire to make ...

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SALEM — The Oregon House on Tuesday passed the session’s two largest tax bills, which together would raise $733 million for the 2009-11 budget cycle, by narrow margins.
The increases in the personal income tax and corporate minimum tax required Republican support from Rep. Bob Jensen (Pendleton) to gain the constitutional requirement of a super majority for revenue-raising legislation. Rep. Greg Smith (R-Heppner) also voted in support of the personal income tax increase, which passed by ...

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