Tax Insider for March 10
5 min read

Tax Insider for March 10

The usual threats of tax increases are sitting on the sidelines and seem unlikely to come up any time soon. Is this session actually different or are we in the eye of a hurricane?

Top Lines

  • Unlike previous sessions, Oregon is shying away from controversial proposals to raise some of the most prominent taxes. Is this an illusion or a new reality?
  • The House Revenue Committee is diving deeper into a proposal to require uniform income tax rules between state and local governments. Local control is always a sticky issue, but the committee seems keen on exploring the matter further.
  • The Senate Finance & Revenue Committee discussed a proposal to extend and potentially expand the state's program allowing pass-through businesses to pay their taxes as an entity, saving their owners and shareholders substantial money on their federal taxes.

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