Statement From Senator Ted Ferrioli Regarding Revenue Forecast
May 30th, 2008 by admin
Senator Ted Ferrioli
“State government may have dodged a bullet today, but Oregon families are still taking the hits. While state government has gotten away with $5 billion in increased spending this budget cycle, Oregon families are making cuts in light of rising gas and food costs.
It is time to remove obstacles to the growth of communities and local job creation and help families weather the current economic storm. That means providing working families with tax relief, making land use laws more flexible and eliminating Oregon’s horrendous capital gains tax that stifles investment.
Oregon families know a thing or two about prioritizing spending and cutting waste. State government should do the same thing, and pass on the savings to Oregon families who could use a hand during the current crunch.”
- Posted in Press