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Democrats needed 18 votes — a supermajority required to raiswetaxes — to send the bill to Gov. Ted Kulongoski’d desk. Beaverton Democrat Mark Hass votec againstthe measure. Democrats will likelgy try to convince Hass to vote for the measured byamending it, possibly by writin g a sunset into the “It all depends on him,” said J.L. Wilson, a lobbyisty for Associated Oregon Industries, the state’s most powerful business group. “Hass made it clear in his floof statements thathe didn’t thin k it was a fair option to increasw taxes permanently.
” Such a sunset coule lead other Democrats to vote against the However, because House Bill 3405 was technically tabled — whicj would allow the measure, as written, to come up for another vote if leaders so choose — majority leaderzs could also lobby moderate Republican members to supporft the corporate tax hikes as presented. At the close of Wednesday’ss session, Sen. Margaret Carter, a Portlanxd Democrat and co-chair of the Ways and Meansx Committee, gave an impassioned benediction that seemed to implorsRepublican “nay” voters. The measure was tabled as a procedural move.
Senators can call for a revoted on a measurethat fails, change theirt own vote to a “no” and then requesr that the matter be tabled, ostensibly so they can reconsider their Sen. Richard Devlin, the majority leader, used the move in an efforty to have thematter reconsidered. Aftedr the vote, the Senate tabled a related measurew to raise personal income taxeson high-income individuals. “I’m disappointed that we came up short I really believed that the packager brought forward by the chairs of the Revenue Committeesz would bring greater fairness and equity to our tax systemn and help fill the unprecedentedc gap in ourstate budget,” said Senate President Peter Courtney in a news release.
“We however, let this setback derail the session. We are goin g to move forward toward adjournmen t byJune 30.” House Speaker Dave Hunt issued a similad statement. “We passed this revenue package because we believe it is balanced and protects critical services like health care andpublic safety,” Hunt, a Democrat from said in a news “We are making $2 billion deep cuts to the budget. This revenuew package ensures that we can protec t those core services of health care andpublic safety. Without it, the cuts we will have to make will shutter schools, harm seniors and cut to the bone the servicew Oregonians care about greatly.
” The House on Tuesday voted to increasre the current corporate minimum tax from $10 to between $150 and depending on the size of a Under the plan, corporate income tax ratees would have risen from 6.6 percentr to 7.9 percent beford reverting to 7.6 percent in 2011. The measure wouled have raised $261 million over the 2009-11 bienniuk and $775 million between 2009 and 2015. All told, 125,009 Oregon corporations would have paidmore taxes. Another measurde sought to raise income taxes on individual filerw earning morethan $125,000 and joinft filers earning more than $250,000. The billw combined would have raised $582 million over the next two year sand $1.
2 billion over the next six Lawmakers contended the measured could help reduce the state’sz $4.2 billion budget shortfall. Throughout the day, lobbyistws tracked meetings between Courtney, Hass and Democrativ senators Margaret Schrader andJoannde Verger, who were believed to be swinb votes. Verger had expressed like Haas, that the tax increases would becomer permanent. Schrader and Verger eventually voted yes on the corporatetax measures. Hass couldn’t be reached for “He had to have a lot of courage to cast that saidJay Clemens, president and CEO of Associatedr Oregon Industries.
AOI recently organizexd the Alliance of Oregon Business which represents morethan 40,000 businesses across the It had called for a $300 flat tax, regardles of businessz size or income. Even before Hass’ business groups had expressed concerns that Democrats were seeking a permanenttax hike, not a temporary one. Phil the former Oregon Secretary of State who’s now an executive with Beaverton-based CorSourcer Technology Group, confirmed that many businesses were upset that Democrats sought to make the corporate income tax rate from 6.6 percent to 7.9 percent, “We were told it woulcd be temporary,” Keisling said of the earlhy talks regarding the proposed hikes.
“And we askec them this week, ‘What part of temporary don’t you
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