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Tue Jun 18, 2019, 10:04 PM

Oregon lumber executive spends $1 million on effort to overturn new business tax

The effort to overturn Oregon’s new multibillion-dollar business tax got a major boost on Wednesday, when lumber company president Robert Freres Jr. gave a whopping $1 million to a political action committee working to refer the tax to voters.

The new gross receipts tax, which Gov. Kate Brown signed into law last month, was Democrats’ top priority this legislative session. They’ve described the $1 billion a year it is expected to raise as crucial to improving Oregon’s early childhood and K-12 education systems.

An association of industrial businesses filed paperwork last month to refer the tax to voters. They must gather 75,000 signatures within 90 days after the end of the legislative session to get the referendum on the ballot. Freres’ donation gives supporters a good chance of success, since signature gathering campaigns can cost hundreds of thousands of dollars.

Freres is heavily involved in Oregon politics and typically supports Republicans, although usually the contributions come from Lyons-based Freres Timber Inc. or another associated company. For example, in 2018 Freres Timber Inc. reported $200,000 in donations to Republican candidate for governor Knute Buehler.

Read more: https://www.oregonlive.com/news/2019/06/lumber-executive-spends-1-million-on-effort-to-overturn-new-business-tax.html

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Reply Oregon lumber executive spends $1 million on effort to overturn new business tax (Original post)
TexasTowelie Jun 2019 OP
quakerboy Jun 2019 #1

Response to TexasTowelie (Original post)

Thu Jun 27, 2019, 05:39 AM

1. Worth noting

Winco stores have started adding a surcharge to their receipts, and telling people the gross receipts is a sales tax.

The battle over this is far from done, as far as business is concerned.

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