Today, the interim House and Senate Revenue Committees received a report from the Legislative Revenue Office on the impacts of Measures 66 and 67 (PDF).
The bottom line:
Measure 66, the personal income tax measure, is now expected to bring in $215 million this biennium, and Measure 67, the corporate income tax measure, is now expected to bring in $240 million.
In other words, thanks to Oregon voters we have $455 million in revenue that we otherwise would not have — $455 million to support schools, public safety and health and human services that Oregonians count upon each day.
This post was originally published on www.blueoregon.com on November 17, 2011. The original post can be found at http://www.blueoregon.com/2011/11/455-million-reasons-say-thank-you-voters/.
More about: corporate income tax, corporate minimum tax, measure 66, measure 67, personal income tax, revenue