HowWealthWorks.com

[Suresh]

Note the passage of a tax on gross sales on certain corporations -- irrespective of whether a profit is made or a loss is suffered.
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Examiner: Oregon voters pass Measures 66 and 67 easily
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The passage of Measure 67 raises the corporate minimum tax from $10 to $150 per year. The measure also increases the tax rate on profits for C-corporations and introduces a tax on gross sales for some C-corporations.

Under Measure 66, a projected 38,000 Oregon households will be affected by the increase in personal income taxes, while about 270,000 Oregonians who receive unemployment in 2009 will receive a tax break on their first $2,400 in unemployment benefits. Another 1.5 million Oregon households will see no change in their personal income taxes.

There are nearly 34,000 C-corporations in the state. Fewer than 10,000 of those will pay more than the $150 corporate minimum tax in 2009, according to the state Legislative Revenue Office.
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Mish's Global Economic Trend Analysis: Oregon's Death Spiral; Business Owners Say "I'm moving out"
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Oregon voters passed Measure 66 which raises tax rates on individuals who earn more than $125,000 and couples with incomes greater than $250,000. Voters also passed Measure 67 which increases business taxes.
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Please consider an email from one business owner in response. "C.S." Writes ....