Help Defeat the $6 Billion Tax on Oregon Sales
Oregonians should be very concerned about Initiative Petition 28 (IP28) – the proposed $6 billion tax increase headed for the November ballot. IP28 would create huge new taxes on many products sold in Oregon, as well as on services provided by Oregon employers, even if those services are sold around the world.
Defeating IP28 is a top priority for the Far West Agribusiness Association.
We are asking our members to join the Coalition to Defeat the Tax on Oregon Sales. By joining, you will receive updates direct from the Coalition about why IP28 is wrong for Oregon.
Some quick facts about IP28:
- IP28 would tax sales, not profits. Businesses would be required to pay the new tax whether they make a profit or not.
- Despite the proponents’ claims, there is no guarantee and no plan for how IP28’s billions of dollars in new taxes would be spent. All of the new taxes would go to the General Fund, with no plan for addressing the real needs of Oregon schools, small businesses and families.
- IP28’s new tax would hit all Oregonians. The costs to cover IP28’s tax increase will be passed on to Oregon consumers in the form of higher prices for nearly everything they buy – with no exemptions for food, medicine, clothing, utilities, insurance or even medical care.
- The nonpartisan report released by the Oregon Legislative Revenue Office (LRO) highlighted devastating effects that IP28 would have on the Oregon economy:
- The measure would cost Oregonians more than $6 billion per biennium—by far the largest tax increase in Oregon history.
- The impact on the Oregon economy would be staggering. The report estimates that more than 38,000 private sector jobs would be lost as a result of this measure. It states, “Our economic simulation shows that if IP28 becomes law it will dampen income, employment and population growth over the next 5 years.”
- The report confirms that IP28 would especially hurt lower-income Oregonians. According to the LRO, most of the money from IP28’s unprecedented tax increase would come out of the pockets of Oregon consumers, small- and medium- sized businesses. “The impact of IP28 on consumer prices means that the marginal impact of the tax will be regressive,” the report states. According to the report, Oregonians hit hardest by the tax would be those earning less than $21,000 a year.
Here’s where you come in.
Defeat The Tax On Oregon Sales is the coalition of hundreds of Oregon consumers, taxpayers, small- and medium-sized businesses, associations and organizations that have come together to oppose this tax proposal.
- Join the coalition to defeat IP28 and help stop this costly, damaging and unprecedented $6 billion tax increase.
- Visit the website, where you can add your name and your business’s name to the coalition, donate to the campaign, and sign up for email communication to keep in touch with coalition news and updates.
- Like the coalition on Facebook and follow them on Twitter to find shareable items to spread the word on social media about why IP28 is the wrong choice for Oregon.
- Share information with your employees, vendors and other contacts from the Coalition website:
- Download a printable and shareable version of the Coalition fact sheet.
- View a public listing of many key organization members who have joined the coalition.
- Read through a frequently updated selection of news stories about the potential negative impacts of IP28.
We need your help to fight the biggest tax increase proposed in Oregon’s history. If you would like more information about the campaign to oppose IP28 or want to get involved in other ways, please contact the campaign at info@DefeatTheTaxOnOregonSales.com or (877) 575-9950.