Poll: Are Measures 66 and 67 hurting Oregon business?

By: Aaron Spencer//July 19, 2010//

Poll: Are Measures 66 and 67 hurting Oregon business?

Aaron Spencer//July 19, 2010//

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Measures 66 and 67, two controversial Oregon ballot referendums to raise state taxes, were passed by public vote in January. Measure 66 raised taxes on household incomes more than $250,000 and individual incomes more than $125,000. Measure 67 raised the $10 corporate minimum tax to $150 for most businesses. Both measures took effect for the 2009 tax year.

Supporters of the measures claim fiscal responsibility and stress that the corporate minimum tax of $10 had not been raised since 1931. Critics say the measures will discourage businesses from moving to Oregon and prompt current businesses to leave.

So far, the state has not seen a decline in business triggered specifically by the tax increases. A website, , has been created to track the measures’ impact.