|Could you use $750?|
The Oregon People’s Rebate is an initiative petition qualifying for the November 2022 election that will REBATE about $750 to every Oregonian every year. This REBATE will go directly to anyone who lives more than 200 days in Oregon every year, regardless of age, income, or status.
The “$750 to every Oregonian” is an estimate – about 4 million Oregonians will share an equal part of the estimated $3 billion of new revenue.
AFTER INCREASING THE MINIMUM TAX OF HUGE CORPORATIONS DOING BUSINESS IN OREGON
The revenue to fund the REBATE comes from increasing the minimum tax rate for big Wall Street corporations doing business in Oregon to 3%. Currently, the minimum tax rate for these huge corporations is less than 1%!
The increased minimum tax rate only impacts big Wall Street corporations doing business in Oregon – those that make more than $25 million a year, or over $68,493 every single day, of revenue in our state. It doesn’t matter where the business is based, just how much money they make in Oregon. So, your favorite local shop won’t feel a thing (other than every single one of their customers having an extra $750)!
It’s that simple. Let’s make it happen!
Visit ORCA at the Corvallis Farmer’s market to sign the petition.
Click HERE for more information.