Oregon Voters Pass Measures 66 & 67
On January 26, 2010 Oregon voters approved Measures 66 and 67 in a special election. Measure 66 raises taxes on individuals making $125,000 and households making $250,000, in addition to reducing income taxes on 2009 unemployment benefits. Measure 67 raises the $10 corporate minimum tax to $150 for most businesses among other changes. Both measures passed by wide margins. The measures are designed to help balance the state’s budget and provide funds for education, health care, public safety, and other services. This is the first time in the history of Oregon that voters approved a tax increase. The measures were specifically targeted by the Oregon Legislature to hit wealthier citizens and to make corporations pair their fair share of taxes.
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