HBA Joins Campaign to Defeat Oregon’s Measure 118

HBA is proud to officially join the campaign to defeat Measure 118, an initiative being funded by out-of-state donors that will appear on Oregon ballots this November. Measure 118 is a gross receipts tax on businesses with more than $25 million in annual Oregon sales. In other words, it’s a tax on sales – not profits or income. That means businesses in Oregon would be forced to pay this new $6.8 Billion tax on the goods and services they provide, regardless of whether they make a large profit, make a small profit, or are losing money. Measure 118 would force hundreds of local businesses to raise their prices, cut jobs, or shut down completely.

We are fortunate that most State elected officials, including the Governor and the leadership of the House and Senate, have come out against this. However, given the fact that the proponents are essentially promising “free” money, we’ll need to make the case that this is bad for business, bad for the economy, and will ultimately raise prices on everything—including gas, groceries, and housing. If you would like to learn more, contribute to the ‘No’ campaign, or to lend your company’s name in the fight to defeat the measure, click here.

Click here to view the No On Measure 118 Fact Sheet.
Click here to view the No on Measure 118 Fact Sheet in Spanish.