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The Senate Top Ten Truths
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#8
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TRUTH
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Democrats have proposed the creation of a new top tax bracket of almost 11% for anyone filing taxes on $125,000 or more.
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FACT
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According to state officials, more than 72% of the 31,000 Oregonians who will claim taxable income of $125,000 or more are owners of small and family owned businesses. Small and family business owners invest their incomes back into their business by purchasing equipment, expanding operations and hiring new employees.
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REALITY
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With more than 250,000 Oregonians who can’t find a job, government doesn’t need to be increasing spending while Oregon families and businesses are having to cut from their budgets. Click here or go to www.backtobasicsbudget.com to see how we can provide a no-cuts budget for Oregon schools and other key service areas without tax increases.
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Watch Truth #8 on
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