Proposal to raise lodging tax could bring in $30 million annually for wildlife protection - Oregon Capital Chronicle
Summary
A proposal in Oregon to raise the lodging tax could generate $30 million annually, with the funds earmarked for wildlife protection. While not directly impacting day-to-day operations, hosts should be aware of potential tax increases that could affect profitability and contribute to local causes.
Key Insights
- •The proposed lodging tax increase could generate $30 million annually.
Action Items
- ✓Hosts should monitor local and state legislation regarding lodging taxes, as these can directly affect revenue.Effort: lowImpact: medium
Watch Out For
- ⚠A mistake would be ignoring the potential impact of local tax increases on your profitability.
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