State House candidates split on taxes, spending at Astoria election forum

State House candidates split on taxes, spending at Astoria election forum

State House candidates Debbie Boothe-Schmidt and Suzanne Weber faced off at Clatsop Community College in Astoria during an election forum Tuesday night with different visions on taxes and spending. Their differences emerged when the candidates were asked about restructuring Oregon’s tax system. The issue has taken on significance given the state Legislature’s passage last year of the Student Success Act, a corporate activity tax on large companies estimated to add $1 billion a year in education funding. As of January, businesses with taxable activity of more than $1 million must pay $250, plus 0.57% of gross receipts after crossing the threshold. Weber, a Republican who serves as the mayor of Tillamook, said Oregon has a problem with spending rather than with revenue, calling the corporate activity tax a glorified sales tax that has caused anger and anxiety and needs to be overhauled. “We need to look at the structure of that, and how that is impacting small business, and how that is impacting everyday buyers,” she said. Weber said a restructure of the tax system also needs to guarantee enough money for education. Boothe-Schmidt, a Democrat who supports the Student Success Act, argued that it’s time to look at how to make large corporations pay their fair share in taxes. “I think it’s very important that our large corporations are paying the same as what our small businesses are,” said Boothe-Schmidt, the co-owner of Phog Bounders Antique Mall in Astoria who serves on the Sunset Empire Transportation District board. […]

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.