Archives

March 13, 2013 - Defazio proposes Wall Street Trading Tax

  Congressman Peter DeFazio Senator Tom Harkin (D-IA) and Congressman Peter DeFazio (D-OR) today introduced legislation to place a tax on certain trading activities undertaken by banking and financial firms. If enacted, the measure would not harm ordinary middle-class investors or long-term investing, but instead targets financial trading and complex […]


March 12, 2013 - Pivoting from PERS to business taxes

By Associated Oregon Industries, The pivot away from PERS reform and toward tax increases is something to watch for. Prior to the convening of the 2013 Oregon Legislature, Governor John Kitzhaber submitted a $16.5 billion state budget proposal.  Among the highlights of the Governor’s budget was the addition of 500 […]


March 11, 2013 - Senators press national ID Card’s as immigration fix

Senators Consider National Biometric ID Card By Oregon Tax News In an attempt to deal with the immigration issue, key senators are considering a bill which would force all workers, citizens and non-citizens alike, to prove their eligibility to work via a national biometric ID card, using fingerprints or other […]



March 8, 2013 - Subway wouldn’t exist if started under current regulations

by Sean Hackbarth U.S. Chamber of Commerce CNBC asked founder and CEO of Subway restaurants, Fred Deluca, if it’s gotten harder or easier to start a business since he launched his in 1965. He had a startling answer: It’s continuously gotten worse, because there’s more and more regulations. It’s tougher […]


March 7, 2013 - Earned Income Tax & Minimum Wage conflicting purposes

Testimony Regarding SB 326 and SB 507 by Steve Buckstein Cascade Policy Institute Cascade is supportive of any legislation that allows people to keep more of their own income, as these bills do. When the tax burden is diminished or eliminated, people are incentivized to work harder. This benefits both […]


March 6, 2013 - OHSU hiring freeze over $30M sequestration impact

OHSU, One of Oregon’s Largest Employers, Initiates Hiring Freeze in the Face of Economic Challenges OHSU Press Release, Current economic challenges include sequestration impacts, health reform financial changes and PERS costs Oregon Health & Science University, one of the state’s largest employers with more than 14,000 employees, has initiated a […]


March 5, 2013 - Market Recap: Let the Spending Cuts Begin

Shawn Narancich, CFA, VP Research Ferguson Wellman, Portland Let the Spending Cuts Begin Unexpectedly mixed election results in Italy forced investors to confront the consequences of a divided government in this important southern European economy, creating turbulence in global equity markets and sending risk-averse money back to the safety of […]


March 4, 2013 - 50% of consumers shrink spending

Nearly 50% customer Spending slump from payroll tax, gas prices By Oregon Tax News The U.S. Commerce Department reported that January retail sales rose at the lowest rate in three months. That number is bolstered by a study from the National Retail Federation (NRF) indicating that 45.7 percent of consumers […]


March 3, 2013 - What to do when a business trip goes horribly wrong

How to Recover From a Business Trip Gone Wrong By NFIB Learn to minimize the damage and move on with these tips. Every frequent traveler has a horror story to share. When you’re traveling for business, the consequences can be particularly devastating. Daniel Feiman, managing director of Build It Backwards, […]