Posted inOregon politics
Measure 118 gives every Oregonian $1,600 a year. Here’s the pros and cons.
Last Friday the Salem City Club had a program about Measure 118, a proposal on the November ballot that would give every Oregonian an estimated $1,600 a year by increasing the corporate minimum tax rate on revenues exceeding $25 million. While the presenters on the pro and con sides each made good points, I came away feeling that while Measure 118 has its heart in the right place, it is too flawed to merit a Yes vote. Measure 118 is a step in the direction of a guaranteed minimum income for Oregonians. However, it gives money to everybody in our…
