Oregon is on the verge of implementing a groundbreaking guaranteed income program, potentially distributing $3.15 billion annually to its residents.
The proposed initiative seeks to fund the program through a 3% corporate tax on large businesses, aiming to balance economic equity within the state.
Advocates have gathered more than 135,000 signatures, significantly surpassing the required threshold to qualify for a ballot placement this November. This article explores the potential implications of Oregon’s historic income initiative, from economic benefits to possible challenges ahead. Oregon’s Groundbreaking Guaranteed Income Proposal The state of Oregon is considering a transformative guaranteed income program […]
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