Oregon Senator Wyden talks tax breaks for marijuana businesses

EUGENE, Ore. - With just days left to file income taxes, Oregon Representative Earl Blumenauer and Senator Ron Wyden introduced legislation that would allow marijuana businesses to take deductions as long as they are following state laws.

Wyden has also proposed a tax reform plan that would make filing taxes easier and create incentives for local businesses.

“We really have a one page form, just over 30 lines long and if we go to something like that - Oregonians are going to be able to get their April back," Wyden said.

He said these changes would reflect the will of Oregon voters and provide some certainty for small businesses.

He hopes to move forward with these tax changes in the upcoming months.

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