Oregon’s top Democratic leaders Tuesday announced their opposition to Measure 118, which would raise corporate taxes to give every Oregonian an estimated $1,600 rebate per year if passed in November.
In a joint statement, the four powerful lawmakers said the proposed measure to create the state’s first universal basic income program would hurt companies of all sizes, hamper state government and lead to higher prices for Oregonians, effectively doing more harm than good.
Will Oregon voters vote themselves out of a job? Stay tuned.
