Measure 118 will be on the ballot for Oregonians this election. The law would call for a $1,600 direct payment to all Oregon residents.
Oregon's $1,600 rebate has just gained a new set of endorsements ahead of the November election, which will put the measure in front of voters as a final decision. Newsweek spoke with experts about what this means for families—and for the state.The Community Alliance of Tenants and Portland Tenants United, which are tenant-rights organizations fighting for affordable housing, both endorsed the rebate this week.
'New taxes are rarely welcomed, regardless of if they are at the corporate or personal level,' Powers told Newsweek. 'Businesses are concerned that the tax targets revenue figures, not profits, which means low-margin industries will be forced to pass on the cost to consumers.'For individual voters, those higher costs could be a concern that keeps them from approving the measure on election day.
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