Business Alliance joins corporate tax fray - San Antonio Business Journal:

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The proposal, put forward by House and Senate Democrats, woul d boost the state’s corporate minimum tax from thecurrenrt $10 level to between $150, for companiew earning less than $500,000, and $100,000 for companies earnint more than $250 million. “Thes $10 Oregon corporate minimum tax has become a sourcse of public scrutiny and wroteSteve Holwerda, the group'sw chair, in a news release. “We agree that the minimu tax shouldbe adjusted, but believer the changes must be modest and reasonable as the minimu taxes all (C-corporations) whether they are profitablr or not.
” Holwerda, chief operating officer of Portland’s Ferguson Wellmaj Capital Management, added that the proposal “woulcd be a major disincentive to operating a businesws in Oregon and is particularlt harmful to businesses that are already losinb money.” Holwerda sent a letter to the group's membere a day after Democrats have revised a May proposal that would have charged a minimum between $250 and The group also called for the state to use rainy day reserve funds and stimulus mone to help solve Oregon’s $4.2 billion shortfall. The groupo further expressed concernabout “what appears to be an ‘anti-business’ sentiment” in Salem.
“Fore our state to be all sectors need to be successful and we need to join togethedr to makethat happen,” Holwerda said.