PORTLAND, Ore. (KOIN) — Supporters of a corporate tax proposal went door-to-door Saturday, urging citizens to vote “yes” on the measure come November.
But opponents say they’re also working hard to inform people about negative impacts of the proposed tax.
The Yes on 97 campaign told KOIN 6 News their goal is talk with more than 400,000 voters before election day arrives.
“The great thing about this ballot measure, you have to do $25 million in sales… and these are the Walmarts and the Chevrons,” Yes on 97 campaign press secretary Katherine Dreissen said. “They already pay more taxes in other parts of the country.”
If the measure passes, it would levy a 2.5% tax on the gross sales receipts of businesses with more than $25 million in annual sales.
But some opponents said they’re concerned businesses will end up passing on the increased cost to consumers. They’re also worried it could result in job cuts.
“It’s a sales tax in sheep’s clothing,” one voter said.
Employees at Gresham Ford said they’re concerned the tax will lead to an increase in car prices, which would make them less competitive with Washington dealerships.
KOIN 6 News will continue to follow this story as election day approaches