about Measure 67

The tax burden on Oregon businesses would still rank among the lowest in the nation if voters approve the corporate tax increases proposed in Measure 67. Measure 67 amounts to a 40% total increase in state corporate taxes for 2009-11. The corporate income tax rate will go from the current 6.6% to 7.9% in 2009 and 2010. That's nearly a 20% increase in just one of the three components of Measure 67's corporate tax hike. (Corporate income tax increases, corporate minimum tax increase based on gross sales and corporate filing fee increases.)