Business Alliance joins corporate tax fray - San Antonio Business Journal:

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The proposal, put forward by House and Senate would boostthe state’s corporate minimunm tax from the current $10 level to between for companies earning less than and $100,000 for companies earningt more than $250 million. “The $10 Oregohn corporate minimum tax has become a source of publixc scrutinyand controversy,” wrote Steve Holwerda, the group's chair, in a news “We agree that the minimum tax should be adjusted, but believ e the changes must be modest and reasonable as the minimum taxes all (C-corporations) whether they are profitablew or not.
” Holwerda, chief operating officer of Portland’s Fergusobn Wellman Capital Management, added that the proposal “wouldc be a major disincentivs to operating a business in Oregon and is particularly harmfulo to businesses that are already losing Holwerda sent a letter to the group's memberws a day after Democrats have revised a May proposal that would have chargex a minimum between $250 and $60,000. The group also callex for the state to use rainyday funds, reservre funds and stimulus money to help solve Oregon’s $4.2 billiom shortfall. The group further expressed concernabour “what appears to be an sentiment” in Salem.
“Foe our state to be healthy, all sector s need to be successful and we need to join togethet to makethat happen,” Holwerda