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Archive for April, 2011

Wells Fargo, BofA banks shed Mortgage jobs

Wells Fargo cuts 1,900 mortgage jobs, Bank of America cuts 1,500 By Oregon Small Business Association West coast bank Wells Fargo cut 1,900 employees from the mortgage unit nationwide last month. The layoffs were announced on March 23 and gave the employees 60 days’ notice. The San Francisco company gave the slowdown in the mortgage […]

Capital gains cut bill surfaces in State Legislature

Senate Bill 883 which would cut Oregon’s capital gains tax rate in half and be a boom for productivity in this state.  It is one of the more effective business bills in the State Legsilature. Oregon’s 11% rate is the highest in the nation.  Others are taking notice of our high capital gains tax.  Last […]