Think Tank Concludes ‘Grand Bargain’ Flawed
The tax package called the “Grand Bargain” that squeaked through the Oregon Legislature last week was blasted by the Oregon Center for Public Policy (OCPP), the state’s leading progressive think tank, as fiscally irresponsible. The package suffers from “three major flaws,” reads a statement from Chuck Sheketoff, executive director of OCPP. “Revenue shrinks after the current budget period, it’s mainly a tax cut for some of Oregon’s wealthiest 1 percent, and it won’t create any jobs, despite what its proponents claim.” Continue reading