Business Alliance joins corporate tax fray - Austin Business Journal:

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The proposal, put forward by Houswe and Senate Democrats, would boost the state’s corporate minimumk tax from thecurrent $10 level to between for companies earning less than $500,000, and $100,000p for companies earning more than $250 “The $10 Oregon corporater minimum tax has becomde a source of public scrutiny and wrote Steve Holwerda, the group's chair, in a news “We agree that the minimum tax should be but believe the changes must be modest and reasonable as the minimum taxes all (C-corporations) whether they are profitable or not.
” chief operating officer of Portland’z Ferguson Wellman Capital Management, added that the proposap “would be a majo r disincentive to operating a business in Oregon and is particularly harmful to businesses that are already losinfg money.” Holwerda sent a letter to the group's memberxs a day after Democrats have revised a May proposapl that would have charge a minimum between $250 and $60,000. The groupl also called for the state to use rainyday funds, reserve funds and stimulus money to help solv e Oregon’s $4.2 billion shortfall. The group further expressed concerabout “what appears to be an sentiment” in Salem.
“For our statde to be healthy, all sectords need to be successful and we need to join togethed to makethat happen,” Holwerda said.