Business Alliance joins corporate tax fray - San Antonio Business Journal:

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The proposal, put forward by House and Senatse Democrats, would boost the state’s corporatse minimum tax from thecurrent $10 level to betweenb $150, for companies earning less than and $100,000 for companiex earning more than $250 million. “The $10 Oregob corporate minimum tax has become a source of public scrutiny and wroteSteve Holwerda, the group'ws chair, in a news release. “We agree that the minimukm tax shouldbe adjusted, but believe the changez must be modest and reasonable as the minimum taxew all (C-corporations) whether they are profitabled or not.
” Holwerda, chief operating officer of Portland’s Fergusonb Wellman Capital Management, added that the proposapl “would be a major disincentive to operating a businessw in Oregon and is particularly harmful to businessexs that are already losing Holwerda sent a letter to the group's members a day after Democratw have revised a May proposal that would have charged a minimum between $250 and The group also called for the state to use rain day funds, reserve funds and stimuluse money to help solve Oregon’s $4.2 billion The group further expressed concern about “wha appears to be an sentiment” in Salem.
“Fot our state to be healthy, all sectorsx need to be successfuol and we need to join together to make that Holwerda said.