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Tag Archives: Receipts
Oregon Another Step Closer to a Gross Receipts Tax Funding Public Education
Last night, Oregon’s Joint Committee on Student Success passed House Bill 3427, which raises about $2 billion over the next biennium to improve the state’s public school system. The improvements will be funded via a gross receipts tax, entitled the … Continue reading
Testimony: Oregon Should Reevaluate the Proposed Gross Receipts Tax to Raise Revenue for Public Education
Co-Chair Roblan, Co-Chair Smith Warner, Co-Vice Chair Knopp, Co-Vice Chair Smith, and Members of the Committee: My name is Garrett Watson, and I’m an economist and the Special Projects Manager at the Tax Foundation, the nation’s leading nonpartisan, nonprofit tax … Continue reading
There are Better Ways to Raise Revenue in Oregon Than a Gross Receipts Tax
This week, Oregon’s Legislative Revenue Office (LRO) provided economic projections to the Joint Committee on Student Success Subcommittee on Revenue to assess the impact of a proposed gross receipts tax on Oregon’s economy. The committee is interested in raising about … Continue reading
Learning from Europe and America’s Shared Gross Receipts Tax Experience
As states in America continue to consider gross receipts taxes (GRTs) as a source of tax revenue, Europe is also evaluating proposals to use GRTs to tax digital firms. Europe’s historical experience, like the experience of its American counterparts, shows … Continue reading
Posted in Tax Law
Tagged Americas, Europe, Experience, Gross, Learning, Receipts, shared
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