Oregon voters to decide on ballot measure to give every resident $1,600 that has sparked massive opposition fundraising
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Oregon voters will decide this fall whether to increase corporate taxes to establish a universal basic income program that would give every state resident an estimated $1,600 per year.Dave Killen / The Oregonian
Oregon voters will decide this fall whether to increase corporate taxes to establish the nation’s largest universal basic income program. Funded by a new corporate tax, it would give every Oregonian an estimated $1,600 per year.
If approved, Measure 118 would institute a 3% tax on most corporations’ total sales in Oregon above $25 million and distribute the money equally among residents of all ages and incomes. The system would go into effect next year.
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