Oregon Democrats Unveil Plan to Close Trump Tax ‘Loopholes’, Reduce Budget Deficit

Oregon Democrats propose tax code changes to reduce budget deficit

Oregon Democratic lawmakers unveiled a proposal Monday aimed at reducing the state’s budget shortfall by disconnecting Oregon from several federal tax breaks.

Oregon Democrats unveil plan to close Trump tax ‘loopholes’, reduce budget deficit

Two key Oregon Democrats on Monday unveiled a plan to increase state revenue by dropping several state tax breaks copied from President Donald Trump’s sprawling tax-and-spending law passed last year.

Oregon Democrats pitch partial disconnect from Big, Beautiful Bill

Trump's Big, Beautiful Bill included 115 provision with a direct impact to Oregon revenue. Lawmakers will target three of those in a new bill.

Oregon Dems propose partial split from federal tax code, preserving $291 million for state

Sen. Anthony Broadman, D-Bend, speaks on the Senate floor on Thursday, June 26, 2025. Broadman is among Oregon Democrats proposing to selectively disconnect from parts of the federal tax code that, if applied fully to Oregon's state tax code, could leave the state with nearly $1 billion less revenue than expected during the next 18 months. (Photo by Laura Tesler/Oregon Capital Chronicle)To prevent the state’s budget from hemorrhaging nearly $1 b…

Oregon Democrats float plan to reclaim state money lost to Trump tax cut bill

Statehouse Democrats say Oregon stands to lose an unacceptable amount of money because of tax cuts contained within H.R. 1, the so-called One Big Beautiful Bill Act, passed by Congress last year. Now the party has offered up its idea for taking some of that money back. A proposal unveiled Monday afternoon would disconnect the state’s tax code from three federal cuts passed by Congress. If approved, the bill’s authors say it would recapture $342 …