It looks Oregon corporations and high-income earners will pay higher state taxes as voters weighed in Tuesday on two hotly debated measures.
The Oregonian has determined that Measures 66 and 67 will pass.
Measure 66 raises the income tax paid by households earning at or above $250,000 a year or individual filers who make $125,000 or more. Measure 67 raises the state's $10 minimum corporate income tax.
Together they generate an estimated $727 million, which has already been budgeted by the 2009 Legislature for public schools and other state services.
Too bad this can't go national.
It's needed to get this country back on the right track.
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