Executive Summary The Oregon Legislative Assembly is currently considering several proposals to cut the tax on capital gains. Two introduced at the request of the state’s large business lobby, Associated Oregon Industries (AOI), Senate Bill 67 and House Bill 2486 (“the AOI bills”) would cut Oregon’s capital gains tax rate by more than half. The […]

The Oregon House of Representatives this week passed House Joint Memorial 28 supporting President Bush’s tax cut plan. The resolution claims that the President’s plan would “contribute to raising the standard of living for all Americans.” In fact, one of three Oregon families will get no benefit from the Bush plan. Altogether, 146,000 Oregon families,

The slowing US economy could use some temporary fiscal stimulus to get things going again, but the Bush Administration’s tax cut proposal is not right for the job. Bush’s proposed cuts are a permanent, back-loaded gift to the wealthiest Americans at the expense of everyone else. Even if made retroactive, it will do little to