Biggest backers of Oregon’s Measure 118 are Californians with tech ties

Biggest backers of Oregon's Measure 118 are Californians with tech ties

A proposal to tax large companies and give all Oregon citizens a rebate has drawn in-state criticism and support from out-of-state universal basic income advocates. More Videos

PORTLAND, Ore. — A ballot measure that would tax the sales of large companies and spread the money among all Oregonians is being widely opposed by Oregon businesses, organizations and politicians from both sides of the aisle — while drawing support from Californians in the tech industry who advocate for universal basic income.

Measure 118 proposes a 3% tax on a corporation’s sales in Oregon exceeding $25 million. State estimates say it […]

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