Oregon Measure 118 will be on our ballots this fall. This measure would set a corporate minimum tax of 3% on sales of over $25 million in Oregon. What would this new tax do to help Oregonians? Who would benefit and who would pay? Come hear the Oregon Rebate Debate at the Salem City Club where we will take a deep dive into these issues.
Speaking for Measure 118 is Antonio Gisbert. Antonio is a political organizer based in Portland, Oregon and chief petitioner of the Oregon Rebate (IP-2024-017, now Measure 118). He was born and raised in Madrid, Spain and has lived all over the US since his family moved to South Florida. Prior to working on ballot initiatives as a way to make social change, Antonio was a scientist (Cognitive Neuroscience) and an union organizer/representative. When he's not collecting signatures, Antonio enjoys building community, motorcycling, eating pizza, and going out dancing.
Speaking in opposition to Measure 118 is Preston Mann. Preston Mann is the director of political affairs for Oregon Business & Industry, the state’s largest general business association. At OBI, Preston is responsible for guiding the organization’s political strategy and external affairs. Mann has many years of experience with policy advocacy, communications, public relations, and political strategy. Prior to joining OBI, Preston served as the vice president of a manufacturing trade association and worked as a senior advisor to statewide political candidates and causes, as well as dozens of legislative elections.
How would Measure 118 Change Oregon?
In Oregon, corporations pay either the corporate income tax or the minimum tax, whichever is higher. Measure 118 would increase the minimum tax on corporations with Oregon sales by enacting a 3% tax on sales greater than $25 million in addition to the minimum tax amount already required by law.
The initiative would authorize the Department of Revenue to distribute the additional revenue from the corporate sales tax equally to eligible residents every year. An eligible resident would need to reside in the state for a total of 200 days of the eligibility year.
Speakers:
Antonia Gisbert, Political Organizer & Chief Petitioner
Preston Mann, Director of Political Affairs for Oregon Business & Industry
Event Details:
Doors open at 11:30 am.
Program starts at 12:00 pm.
Registration:
Members: Free
Non-Members: $10