Rosey in for another Chamber Minute, Opposition to Measure 118 continues to grow as Oregonians learn about the damage this deeply flawed $6.8 Billion tax on the sale of goods and services would do to the state’s residents, businesses, economy and public services. Here are some key reasons to keep in mind: 1) Measure 118 is a tax on sales, not income or profit. This tax on gross sales applies whether a business makes a lot of money, has small margins or even loses money. 2) Prices will go up. There’s no such thing as free money. Consumers will pay for this massive tax through higher prices as confirmed by Oregon’s nonpartisan Legislative Revenue Office. 3) Measure 118 is a “tax on a tax.” Unlike a traditional sales tax that is added once at the final sale, Measure 118’s tax on sales could apply at every step of the supply chain. 4) Measure 118 makes Oregon businesses less competitive. Out-of-state farmers, manufacturers and others will have an immediate advantage because sales in their state won’t apply. 5) There’s no guarantee anyone gets their rebate. The legislature could amend this law at any time, use the money for something else, or increase the tax rate. 6) Measure 118 taxes sales on everything—including everyday necessities. There are no product exemptions, so this tax on sales would apply to everything from groceries to gas, and from insurance to medicine. 7) A broad, bipartisan coalition opposes Measure 118. Democrats and Republicans, business organizations and labor unions—the growing list of those who oppose this deeply flawed measure is unprecedented. For more information, please visit NOonMeasure118.com/. We NEED to HELP DEFEAT this BAD for Oregon measure: No On Measure 118 signs are available for pick up at the Chamber office, We need to display them in windows and on the streets to spread the word amongst our community. “Our business is helping your business” and Don’t Forget to like us on Facebook and heart our page on the Community Plus app.
Upcoming Events:
Oct 24 Business After Hours The Liberty Theatre Lip Sync Challenge 5-7pm
Oct 25th Ribbon Cutting at Seven Sisters Alchemy 5pm-7pm Ribbon Cutting at 5pm 225 N 2nd Street, Coos Bay
Oct 31st Tricks & Treats at the Bay Area Chamber Office 3-5pm, members can come set up a table or room at the Chamber office, Call ahead to schedule room… we are expecting about 800 kids passing through!
