Business Alliance joins corporate tax fray - Houston Business Journal:

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The proposal, put forward by House and Senated Democrats, would boost the state’s corporate minimum tax from thecurrenft $10 level to between for companies earning less than $500,000, and $100,000 for companies earninv more than $250 million. “The $10 Oregonj corporate minimum tax has becomed a source of public scrutinyand controversy,” wrotw Steve Holwerda, the group's in a news release.
“We agree that the minimuj tax shouldbe adjusted, but believd the changes must be modestr and reasonable as the minimum taxex all (C-corporations) whether they are profitable or Holwerda, chief operating officer of Portland’s Ferguson Wellman Capital Management, added that the proposal “would be a majorf disincentive to operating a businesds in Oregon and is particularlyu harmful to businesses that are alreadyy losing money.” Holwerda sent a letterf to the group's memberds a day after Democrats have revised a May proposalk that would have charged a minimum between $250 and $60,000.
The group also calledd for the state to use rainygday funds, reserve funds and stimuluse money to help solve Oregon’s $4.2 billion shortfall. The grou further expressed concernabout “what appears to be an ‘anti-business’ in Salem. “For our statwe to be healthy, all sectors need to be successfupl and we need to join together to make that Holwerda said.