"We know that if we replicate the tax breaks that have been given through H.R. 1, our state is going to be in deeper crisis than we already are and working families are going to feel the pinch even more deeply than we already do," Annie Naranjo-Rivera, state director of the Oregon Working Families Party, said."
""We have a hole to fill of $900 million, and we can fill that hole," Naranjo-Rivera said. "It's a policy choice and a moral choice.""
Oregon’s automatic linkage to the federal tax code caused H.R. 1’s federal tax cuts to reduce state revenue by $888 million, deepening a budget shortfall near $650 million and threatening program cuts before the March 8 deadline. Progressive lawmakers and allied organizations propose amending the state tax code to eliminate three H.R. 1–created tax breaks to recover about $311 million. Advocates frame the effort as a choice between protecting working families and accommodating corporate-aligned legislators. The Oregon Senate approved SB 1507 by a 17–13 vote; the bill now advances to the House Committee on Revenue chaired by Nancy Nathanson.
Read at Portland Mercury
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