|
Dear Friends,
As many of you know, I have dedicated my efforts this
session to fixing Oregon’s boom and bust revenue system. Simply, Oregon relies
too heavily on revenue from income taxes to fund government services. This has
left us with the most volatile revenue system in the country and we need to fix
it – along with cost containment on excess government spending.
That is why since session started I have worked as part of a
six-member, bipartisan work group consisting of three members of the House and
three members of the Senate. Together we developed the framework for a tax
reform proposal. The proposal includes: 1) reducing the personal income taxes
of families and individuals; 2) repealing the corporate income tax; and 3)
imposing a corporate activity tax on the sales businesses make in Oregon.
A new Joint Committee on Tax Reform has been formed to fill
in the key pieces, such as the rate(s) and the base (size of business entity
that would be affected.) I am the co-chair of this committee.
Last week, we looked at a draft proposal that showed
positive benefits for our state – including taxpayers and schools. According to
this article
from the Oregonian and the state
economist testifying at the hearing, the proposal would create a generally
positive economic forecast.
We will continue refining this idea during the next few
weeks.
Please join me for a
cup of coffee this Saturday to share your views on this proposal and discuss
other pressing issues. I’m lucky to have some of the most thoughtful people in
Oregon living in my senate district.
Coffee With Mark
May 20th 2017, 11am-12pm
Ava
Roasteria
4770 SW Hall Blvd
Beaverton, OR 97005
Google Maps
Best,
Mark Hass
 Senator Mark Hass
Senate District 14
email: Sen.MarkHass@oregonlegislature.gov I phone: 503-986-1714
address: 900 Court St NE, S-207, Salem, OR, 97301
website: http://www.oregonlegislature.gov/hass
| 
