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Oregon Food Bank says proposed tax bill will 'compound the problem' of food insecurity

The Oregon Food Bank has expressed opposition to a proposed $5.5 billion tax cut for Oregon businesses, arguing that it would severely impact the state's ability to fund essential services like food assistance programs. The tax cut, which would reduce the state's corporate activity tax rate from 0.57% to 0.37% over the next five years, is seen by the food bank as a move that prioritizes corporate profits over the needs of Oregonians facing hunger. The food bank's CEO, Susannah Morgan, emphasized that the tax cut would lead to a significant reduction in funding for services that are crucial for the state's most vulnerable populations, potentially exacerbating food insecurity. The Oregon Food Bank is urging lawmakers to reject the proposal and focus on supporting programs that address the root causes of hunger and poverty.

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[ https://www.yahoo.com/news/oregon-food-bank-says-proposed-203344596.html ]