Voters in Oregon are likely to decide in November whether to impose substantial new taxes on corporations in order to fund an annual payment to residents in a ballot measure backed by prominent supporters of the concept of a universal basic income.
Supporters of the measure, dubbed Initiative 17, had turned in more than 135,000 signatures to by the end of May, according to disclosures submitted to Oregon’s Secretary of State, more than the 117,000 valid signatures they need to qualify for November’s ballot.
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