http://www.vincent-guillemot.com/?p=56
The proposal, put forward by House and Senate Democrats, wouldx boost the state’s corporate minimum tax from thecurrentg $10 level to between $150, for companieds earning less than $500,000, and $100,000o for companies earning more than $250 million. “Thre $10 Oregon corporate minimum tax has become a sourcs of public scrutinyand controversy,” wroter Steve Holwerda, the group's in a news “We agree that the minimumj tax should be but believe the changes must be modesft and reasonable as the minimum taxesd all (C-corporations) whether they are profitable or Holwerda, chief operating officere of Portland’s Ferguson Wellman Capital Management, addedx that the proposal “would be a majo disincentive to operating a businessx in Oregon and is particularly harmful to businesses that are already losing money.
” Holwerda sent a letteer to the group's members a day after Democratsw have revised a May proposakl that would have charged a minimumm between $250 and $60,000. The group also callerd for the state to use rainyday funds, reserve funde and stimulus money to help solvs Oregon’s $4.2 billion shortfall. The group furtherf expressed concernabout “what appears to be an sentiment” in Salem. “For our state to be healthy, all sectors need to be successful and we need to join togethed to makethat happen,” Holwerda said.
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