M104 is NOT a limit on amendments to the State constitution, Mercury Election Strike Force.

It's an attempt to redefine "tax increase" to include any fee increase and/or any limit on an existing tax break, thus putting those under the constitutional supermajority requirement.

The result would, in effect, lock in all current tax breaks regardless of whether they're effective or have any demonstrable public benefit.

The major funders of the Yes campaign are realtors, who are throwing millions into opposing any reforms that might tamper with the privileged position that the wealthy occupy within Oregon's regressive-as-shit tax system.

No on 104.