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150 101 173 Oregon Oregon Gov Oregon  Form

150 101 173 Oregon Oregon Gov Oregon Form

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- [Presenter] This fall, Oregon voters will decide whether or not to increase taxes on large corporations, and give that money to themselves. (bright music) Measure 118 would use proceeds from higher business taxes to send money back to each Oregonian every single year, up to $6,400 for a family of four. At a time many are feeling the pinch of inflation, that might seem like an obvious yes. So why are so many groups saying it's a terrible idea? (playful music) Currently, Oregon's government gets its general fund money from taxing personal and business income, mostly personal. The percent of total state income coming from business taxes is pretty close to the national average. But over the years, different groups have argued businesses aren't paying enough in Oregon. In 2016, Ballot Measure 97 would have increased corporate taxes and given billions of dollars to state programs. Labor groups and their allies argued for the measure, while businesses fought against

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