Both gubernatorial candidates agree reform of the CAT, rather than repeal, is the best way forward. Critics argue changes could result in $100 million in lost revenue for education while doing little to make Oregon more competitive.
The Oregon Legislature passed the Corporate Activity Tax along party lines in 2019 to shore up education funding. Now with the state's economy flagging, there is agreement from both sides of the aisle that it needs reform. But how to do it has become a political issue in this year's governor's race. Read Story.
Both gubernatorial candidates agree reform of the CAT, rather than repeal, is the best way forward. Critics argue changes could result in $100 million in lost revenue for education while doing little to make Oregon more competitive.
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