Starbucks does more business in Oregon than in just about any corner of the world. For one, the U.S. is the largest market for the world’s largest coffee chain. And in the U.S., there are more Starbucks stores per capita in Oregon than any other state. So how much in profits does Starbucks make in Oregon and how much does it pay in taxes to the state? We don’t know. That information is secret. But one thing we do know is that Starbucks uses accounting tricks to keep its profits from b...
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Starbucks does more business in Oregon than in just about any corner of the world. For one, the U.S. is the largest market for the world’s largest coffee chain. And in the U.S., there are more Starbucks stores per capita in Oregon than any other state. So how much in profits does Starbucks make in Oregon and how much does it pay in taxes to the state? We don’t know. That information is secret. But one thing we do know is that Starbucks uses accounting tricks to keep its profits from b...
Parts of the massive Trump tax cuts are expiring, providing an opportunity to change course
Policy for the People
28 minutes
1 year ago
Parts of the massive Trump tax cuts are expiring, providing an opportunity to change course
Next year, 2025, is setting up to be a pivotal year when it comes to how our nation raises the money needed to pay for public services — things like health, housing, the nation’s safety net, and more. The reason for this dates back to 2017. That year, Congress enacted the Tax Cuts and Jobs Act, better known as the Trump tax cuts. This tax package contained massive changes to our tax system that mostly amounted to huge tax cuts for the rich and corporations. For procedural reasons, as well as ...
Policy for the People
Starbucks does more business in Oregon than in just about any corner of the world. For one, the U.S. is the largest market for the world’s largest coffee chain. And in the U.S., there are more Starbucks stores per capita in Oregon than any other state. So how much in profits does Starbucks make in Oregon and how much does it pay in taxes to the state? We don’t know. That information is secret. But one thing we do know is that Starbucks uses accounting tricks to keep its profits from b...
