Business Alliance joins corporate tax fray - Houston Business Journal:

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The proposal, put forward by Houswe and Senate Democrats, would boost the state’s corporate minimunm tax from thecurrenr $10 level to between for companies earning less than $500,000, and $100,000p for companies earning more than $250 million. “The $10 Oregon corporate minimum tax has becomer a source of public scrutiny and wroteSteve Holwerda, the group's in a news release. “We agree that the minimum tax shoulebe adjusted, but believe the changes must be modest and reasonable as the minimumj taxes all (C-corporations) whether they are profitable or Holwerda, chief operating officer of Portland’sx Ferguson Wellman Capital Management, addedf that the proposal “would be a major disincentivee to operating a business in Oregon and is particularly harmfulp to businesses that are already losinf money.
” Holwerda sent a lette to the group's members a day after Democratx have revised a May proposal that would have charged a minimu between $250 and $60,000. The group also called for the statw to use rainyday funds, reserve fundxs and stimulus money to help solve Oregon’s $4.2 billion shortfall. The group further expressed concernabou “what appears to be an ‘anti-business’ in Salem. “For our state to be all sectors need to be successful and we need to join togetherd to makethat happen,” Holwerda said.