Tuesday, December 15, 2009

OREGON BALLOT MEASURES 66 & 67 FORUM

Astoria, Oregon –

On Thursday, January 14, 2010, local residents are invited to a Forum featuring Ballot Measures 66 and 67. This Forum is co-sponsored as a public service by the Astoria branch of the American Association of University Women and Clatsop Community College.

Speaking in favor of these measures will be Steve Novick, a former candidate for the United States Senate, and speaking against will be a representative from Oregonians Against Job Killing Taxes.
This event will be held at 7:00 p.m. at the Clatsop Community College Performing Arts Center, 12th and Franklin, Astoria. The speakers will be invited to give an opening statement and will answer questions submitted by the audience. Written questions for these representatives will be accepted both at the door and during the forum. The questions will be collected and read by a representative of AAUW.

Measure 66 provides for a tax increase of 1.8% to 2% on that portion of income which begins at and is greater than $250,000 for households and $125,000 for individual filers. This measure does not result in a tax increase for incomes up to $250,000 for households or $125,000 for individual filers. The measure reduces income taxes on unemployment benefits received in 2009. It also maintains funds currently budgeted for education, health care, public safety and other public services. A "YES" vote will approve these measures; a "NO" vote will reverse them.

Measure 67 raises the current $10.00 annual corporate minimum tax established in 1931 to $150.00. Sole proprietors are not subject to the minimum tax. This measure also raises the tax rate some corporations pay on profits by 1.3% and increases certain business filing fees. If passed, this measure raises an estimated $255 million to maintain funds currently budgeted for education, health care, public safety and other services. A "YES" vote will approve these measures; a "NO" vote will reverse them.

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