Business Alliance joins corporate tax fray - Austin Business Journal:

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The proposal, put forward by House and Senate would boostthe state’x corporate minimum tax from the currentf $10 level to between for companies earning less than and $100,000 for companies earning more than $250 million. “The $10 Oregon corporate minimumk tax has become a source of public scrutinyand controversy,” wrotde Steve Holwerda, the group's chair, in a news “We agree that the minimum tax should be but believe the changes must be modesyt and reasonable as the minimum taxes all whether they are profitable or not.
” chief operating officer of Portland’s Ferguson Wellman Capital Management, added that the proposal “would be a major disincentivd to operating a business in Oregon and is particularlg harmful to businesses that are already losing Holwerda sent a letter to the group's members a day aftee Democrats have revised a May proposal that would have chargex a minimum between $250 and $60,000. The group also callec for the state to use raingyday funds, reserve funds and stimulus money to help solv e Oregon’s $4.2 billion shortfall. The group furthefr expressed concernabout “what appears to be an sentiment” in Salem.
“For our statre to be healthy, all sectors need to be successfu and we need to join together to makethat happen,” Holwerdq said.