Just when we thought things couldn’t get worse, the Oregon Legislature is now set to pass an ill-conceived proposal that would effectively impose $225 million in taxes on Oregon businesses struggling to recover from the staggering impacts of the COVID-19 shut downs.
This tax increase affects small, local businesses – not corporations! These tax incentives were passed by Congress to ensure small businesses could keep some amount of cash flow when they were being shut down by government orders. Now the Oregon legislature wants to steal this money back from small business!
But instead of admitting this is a new tax burden on struggling businesses, they will say this is simply a technical change, impacting only a few wealthy Oregonians. That’s simply not true. Many Oregon businesses will lose much-needed cash if this tax increase moves forward.
WE NEED YOUR HELP TODAY.
Please contact the Governor and your legislators and tell them THIS PROPOSAL ISN’T FAIR to thousands of Oregon employers struggling to survive – and put hundreds of thousands of unemployed Oregonians back to work.
Email your legislators today and tell them this sneak attack isn’t fair and ask them to oppose this backdoor tax increase. The Legislature is set to meet in special session on Monday, and all signs are that this bad idea is set to be fast-tracked through the process. ACT NOW.
Download 2019 EPCC Magazine
East Portland Chamber of Commerce is a 501(c)6 non-profit organization | PO Box 90186 | Portland, OR 97290 | 503-788-8589