Corporate Accountabilty Measure Falls Short

As noted on the Secretary of State's website, initiative petition 102 contained 57,338 valid signatures, or 72.15% of the 79,469 signatures accepted for verification.

While chief petitioners may submit additional signatures not later than 07/07/06, as noted previously on BlueOregon, that is not likely.

  • MsBlue (unverified)
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    It's seems like a mistake to not move forward with the only progressive tax idea of the year. I hope that OEA will have adequate signatures at hand on July 7th to present and keep Corporate Accountability on the ballot in case the two bills they expect to oppose don't both come through with enough signatures. Imagine an election without TABOR, without federal exemptions, and also without Corporate Accountability.

    It's time we talk seriously about what we want in terms of corporate taxation. Corporate minimums and kicker are not enough, we've got to undo single sales factor, which really puts individual taxpayers and local small business people as the only taxpayers left.

    Logically, most of Oregon’s bigger businesses won't fight either kicking the kicker (when they don't pay taxes, they don't get kickers, after all) and no one is proposing a corporate minimum that is a meaningful tax hit to the likes of Nike, Columbia Sportswear, Tektronix, Louisiana Pacific, Monaco Coach, A-Dec, Genenteck, Intel, or any of the others who live upon our infrastructure and the employees we provide, but will no longer contribute anything significant in income taxes now that single sales factor means they only pay taxes on what they sell in Oregon. It will look like corporations gave something if they accept kicking the corporate kicker and raising the corporate minimum. But we need to be speaking of seriously addressing business taxation by the former big taxpayers. Corporate Accountability was an attempt to do that. I am very disenchanted that the OEA pulled it, and gave no options for others to take it forward.

  • PanchoPdx (unverified)
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    They used that measure to extort money from corporations that would be embarrassed if it passed. Then pulled it once they got the commitments they desired.

    Nobody intentionally quits on a measure when they are that close to the finish line.

    Every progressive who volunteered time for that measure was gamed by the unions (again).

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