Will Oregon Dem Gov Kate Brown Sign $244 Million Small Business Tax Hike?

It would raise the tax burden on small businesses that “are the backbone of the Oregon economy.”

The RGA writes:

Oregon Democrat Governor Kate Brown is on the verge of betraying taxpayers yet again, with her far-left allies pressuring her to sign a massive $244 million tax hike on small businesses. Brown is already responsible for hundreds of millions of dollars in new taxes during her time in office, hiking taxes on healthcare, gasoline and even bicycles.

Now, the Bulletin editorial board is calling on Kate Brown to veto this massive tax hike, which would raise the tax burden on small businesses that “are the backbone of the Oregon economy.” Brown has refused to take a position on the tax hike bill which is currently on her desk.

Brown has consistently betrayed taxpayers during her time in office, and it would not be surprising if she sided against small businesses again by signing this $244 million tax hike.

The Bulletin editorial board has more:

Gov. Kate Brown has until April 6 to make up her mind about whether to veto a bill that would raise taxes on sole proprietors and other small-business owners across Oregon. While she needn’t officially reject or sign Senate Bill 1528 before April 13, she must make her plans known a week before that.

…If Brown signs SB 1528 or allows it to become law without her signature, pass-through businesses will be unable to take the same deduction on their state tax returns. The net result? The state could collect as much as $244.4 million from the tax over the current biennium.

…Brown knows full well that small businesses are the backbone of the Oregon economy. In fact, according to the Oregon Business magazine website, businesses with fewer than 50 employees make up 96 percent of companies in the state and employ 40 percent of the state’s workforce.

They do so without the benefits — the ability to borrow money easily is a big one — that larger corporations may have. The small-­business tax increase that’s central to SB 1528 only makes their problems worse. Brown should veto it.

Previously: 

1 day, 11 hours ago

Rick Perry: Gov. Kevin Stitt showing real conservative values on his criminal justice reform initiatives

In just three short years, Stitt has proven that evidence-based policy and conservative reforms to the legal system will improve public safety and help make Oklahoma communities stronger.

2 days, 7 hours ago

Glenn Youngkin Outlines His Plan To Make Virginia’s Education System ‘Number One’ In Nation

Virginia Gov. Glenn Youngkin is challenging his entire educational team to make the Old Dominion’s educational system number one in the nation.

2 days, 10 hours ago

Georgia's unemployment rate hits new low

Georgia’s unemployment rate dropped for the 12th consecutive month to 2.6%, another record-breaking low for the state

5 days, 11 hours ago

Gov. Noem Proclaims Jan. 23-Jan. 29 "South Dakota School Choice Week" as Annual Celebration Launches Nationwide

Gov. Noem has joined a growing list of governors, city, and county leaders nationwide in recognizing Jan. 23-Jan. 29 as School Choice Week.

1 week ago

Tennessee Governor Bill Lee leads letter penned to President Biden on Infrastructure Act

Tennessee Governor Bill Lee and 15 other Republican governors have penned a letter to President Joe Biden asking for more state control in how funds from the Infrastructure Investment and Jobs Act are implemented.

1 week ago

Gretchen Whitmer’s Dark Money Hypocrisy

After preaching 'transparency,' Dem gov partners with dark money nonprofit to raise millions