Oregon voters to decide on ballot measure to give every resident $1,600 that has sparked massive opposition fundraising

https://www.oregonlive.com/politics/2024/09/oregon-voters-to-decide-on-ballot-measure-to-give-every-resident-1600-that-has-sparked-massive-opposition-fundraising.html

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  1. From the article: Oregon voters will decide this fall whether to increase corporate taxes to establish the nation’s largest universal basic income program. Funded by a new corporate tax, it would give every Oregonian an estimated $1,600 per year.
    If approved, Measure 118 would institute a 3% tax on most corporations’ total sales in Oregon above $25 million and distribute the money equally among residents of all ages and incomes. The system would go into effect next year.

  2. ATribeOfAfricans on

    Lol can’t wait for companies to increase their prices by 10-20% and blame it on this 3% tax. Fucking love the idea of this. 

    Also, you wanna leave Oregon? OK, you can pay a tax to relocate your assets to, let’s say Texas, who is cool AF with with have and have not with no economic mobility workd