The defeat follows a hard-fought campaign that broke Oregon's spending record for ballot initiatives and pitted business interests against the state's largest public employee unions.
Measure 97 would charge certain C corporations a 2.5 percent tax on their gross annual sales in Oregon above $25 million. The measure called for the state to spend the new revenue on education, health care and senior services.
Read MoreManufacturing muscle was celebrated Friday, October 7 during Redmond Economic Development Inc.’s (REDI) fourth annual Made in Redmond Tour. Dozens of local leaders got glimpses inside Aircraft Rubber Manufacturing Inc., Central Composites LLC, RDD Enterprises and Smith Brothers Pushrods in addition to hearing details from company owners.
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