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Are Taxes Driving Business Out of Oregon?
“Our tax policies are driving away Oregon’s businesses and job creators.”

Due to recently passed new taxes and increases of existing taxes, at both the state and local levels, a stunning number of Oregon businesses are now giving serious consideration to leaving Oregon according to findings from a survey of nearly 500 business CPAs and local chamber of commerce leaders.

The survey, sponsored by Oregon Business & Industry and conducted in the spring and summer of 2021, shows the roster of new local and statewide taxes imposed in Oregon over the last three years have created a negative perception of the cumulative impact of these taxes on business owners and employers. As a result, most report that they have clients or members who are considering leaving the Portland region – or the state altogether, while others are considering pulling back on future Oregon investments, including restricting new hiring.

“The results of this survey should give state lawmakers and local elected leaders pause,” said OBI President and CEO Angela Wilhelms. “Our tax policies, especially recent new taxes and local tax increases, are driving away Oregon’s businesses and job creators.”

Key survey findings include:

A D V E R T I S E M E N T

A D V E R T I S E M E N T

“Taxes in Oregon at both the statewide and local levels are negatively impacting our business communities,” Wilhelms said. “These Oregon employers, the backbone of our economy, see recent tax increases as harmful to their ability to grow, hire, compete and succeed; and they are now clearly beginning to vote with their feet.”


--Staff Reports

Post Date: 2021-10-23 10:26:10Last Update: 2021-10-23 10:14:27



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