Randy Gould - Field Sales Representative | LinkedIn
Randy Gould - Field Sales Representative | LinkedIn
NFIB Oregon has declared its opposition to Measure 118, joining a broad coalition against it. The decision follows a survey where members expressed strong disapproval of the ballot initiative.
"It's rare you'll see this many bipartisan elected officials and business and labor groups unifying for a common purpose," stated Anthony Smith, NFIB Oregon's state director. He described Measure 118 as a "seriously flawed ballot initiative with both obvious and hidden harms."
Opponents of Measure 118 have provided a Fact Sheet outlining their concerns. According to NFIB, the measure proposes a 3% tax on corporate gross sales above $25 million, potentially increasing operating costs throughout the supply chain for NFIB members.
The measure also suggests the tax revenue be distributed as a rebate to state residents, with amounts estimated between $750 and $1,500 per person, applying to tax years from 2025 onward.
Critics include prominent figures and organizations. Governor Tina Kotek warned that the measure could harm essential services for low-income families. Angela Wilhelms from the Oregon Business & Industry Association highlighted potential costs to consumers. A joint statement from Senate and House leaders expressed concerns about its implications for critical services.
Additionally, the Oregon Legislative Revenue Office noted the measure's regressive tax impact on lower-income households. Criticism also came from Rep. Jeff Helfrich, who pointed to bipartisan opposition, and the Tax Foundation, which suggested businesses might relocate to avoid the tax. Daniel Bonham expressed concerns about the measure's origins and its alignment with state needs.
Measure 118 remains a contentious issue, drawing opposition across political and business spectrums.