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Measure 67

Argument in Opposition

IT'S EASY TO GET CONFUSED. MAKE SURE YOU KNOW WHAT YOUR VOTE MEANS BEFORE YOU CAST YOUR BALLOT.

Unfortunately, it's all too easy to get confused about what it means to be for or against a referendum. Before you vote, please be sure to read the measures carefully and understand what the result of a "YES" and "NO" vote would be.

VOTE YES if you want to:

*Raise the $10 corporate minimum income tax for the first time since 1931.

*Protect funding for our schools, public safety and social services.

*Cut taxes on unemployment benefits for hundreds of thousands of Oregonians.

*Make sure Oregon gets its share of federal matching funds to help pay for healthcare and social services during the recession – money that would otherwise go to other states instead of Oregon.

*Protect Oregon's middle-class families and small businesses while making sure that out-of-state corporations pay more than $10 for doing business in Oregon.

VOTE NO if you want to:

*Keep the 1930s law that allows corporations to pay just $10 a year in the corporate minimum income tax.

*Force additional cuts of nearly $1 billion dollars from schools, public safety and essential services in a special February session of the legislature.

*Reject federal matching funds for Oregon's healthcare and social services.

*Make out-of-work Oregonians pay taxes on their unemployment benefits.

Our Oregon is a non-partisan non-profit organization
dedicated to promoting economic and tax fairness for all
Oregonians; protecting schools, public safety and healthcare;
and stopping unfair giveaways and loopholes that shift
the burden to the middle class.

(This information furnished by Kevin Looper, Our Oregon.)


Argument in Opposition

Measure 67 is Harmful to Oregon Farmers

Five generations of our family have worked at our Tillamook dairy. It's our life and our business. Milk prices are plunging and it's now harder than ever to keep our business afloat. We're worried that the new, permanent tax increases legislators passed in June will hurt our farm and the families it supports.

Economists estimate these tax increases will cost 70,000 Oregonians their jobs. We can't afford taxes that will cost more jobs. I can't vote to send more pink slips to Oregonians.

Legislators say their plan only taxes the rich. They're wrong. We'll all end up paying more for groceries, gas, and other services, and that impacts all Oregonians, especially the poor. Facing higher taxes, small businesses like ours would be forced to lay off workers, reduce wages and benefits, or close their doors.

Worse yet, the higher taxes would be retroactive to January 1, 2009, and no money to cover this increase has been withheld from Oregonians' paychecks in all of 2009. Retroactive tax bills will hurt businesses, too.

Despite the bleak economy, Measure 67 would tax businesses up to $100,000 a year, even if they didn't make a profit. This tax increase will make Oregon's corporate minimum 20 times higher than New York—the nation's highest.

It bothers me that the $733 million in new taxes will help fund the $269 million budgeted for state employee salary increases. Instead of pinching pennies like the rest of us, legislators increased overall state spending by $4.7 billion – 9% higher than the previous budget.

Public employee unions say the sky will fall if the new taxes do not pass. I'm here to tell you that the sky is already falling on small businesses like mine.

Let's send legislators a message that voters already have rejected job-killing income tax increases twice before. No means no! Vote NO on Measure 67.

Sincerely,

Carol Marie Leuthold
Tillamook

(This information furnished by Carol Marie Leuthold.)


Argument in Opposition

These Taxes WILL HURT Small Businesses in Oregon

Take it from us - The National Federation of Independent Businesses represents almost 8,000 small businesses in Oregon.

It's true that all small businesses will be affected by these taxes in one way or another. And small businesses will be forced to pass on that pain to regular Oregonians.

Businesses will have to pay up to $100,000 in taxes, even if they don't make a profit. It's the largest tax increase in Oregon's history. Measure 67 would mean Oregon has the highest business tax in the nation – 2000% higher than any other tax.

THESE TAXES WILL AFFECT YOU:

  • Businesses will treat taxes as a cost of doing business, so we'll all end up paying more for groceries, gas and other services.


  • Businesses will have to make a choice between paying the taxes and keeping their employees, so the taxes will mean people will lose their jobs.

In fact, economists estimate the taxes would cost 70,000 Oregonians their jobs. That's on top of the almost 130,000 jobs that have already been cut since the recession started. Meanwhile, government sector employment has continued to rise.

How can the legislature tax the very people who create jobs in Oregon?

Please VOTE NO on Measure 67. Help almost 8,000 small businesses save Oregon jobs.

(This information furnished by Claudia Staton, Staton Companies.)


Argument in Opposition

Farmers are voting NO on Measure 67

For many of Oregon's farming families and other family businesses that are hanging by a thread through the recession, Measure 67 could be the fatal blow.

Oregon family farmers and ranchers cannot afford the gross revenue tax in Measure 67. These permanent and retroactive taxes passed by this legislature will impact Oregon's farmers and ranchers exceptionally hard and are plain wrong.

By its very nature, farming and ranching is a high-volume, low-margin business. That means even though a farm or ranch family can have high gross income, after we pay employee wages and benefits, input costs, transportation, land, fuel, utility, equipment, and other costs, even in the best years our net income is just a tiny fraction of that gross revenue figure.

  • Measure 67 taxes farm families on this gross revenue whether they make a profit or not.

The economy makes things even worse, because in years like this countless farm families across Oregon will not be profitable.

  • A family farm that did not earn a profit and has to dip into savings to make ends meet this year will still have to pay this new retroactive tax.


  • Forcing farming families, or any other Oregon family business, to pay increased retroactive taxes when they did not break even is wrong.

Believe it or not, it gets even worse for farm co-ops, one of the pillars of the agriculture community in Oregon.

  • Members of agricultural cooperatives may even pay these taxes twice. It is ridiculous to ask Oregonians to pay taxes on taxes.

For the sake of a healthy agricultural community in Oregon, please join us in voting NO on Measure 67.

(This information furnished by Barry Bushue, President, Oregon Farm Bureau Federation.)


Argument in Opposition

Measure 67 Punishes People for the Privilege of Losing Money

I've taken pride in creating jobs for fellow Oregonians as the owner of a Medford-based trucking company. But this economy has been hard on Oregon businesses. This year was hard on my company, and we will struggle again next year.

I'm worried about what will happen to my employees' jobs if the tax increases from Measures 66 and 67 pass. Companies like mine could pay up to $100,000 in taxes, and I would be forced to lay off people.

And because my business is a large C-Corp, the tax increases will be permanent. This year, I would have to pay retroactive taxes for 2009 even if my business loses money. My business and other Oregon businesses haven't budgeted for an extra bill from the Department of Revenue.

Despite Oregon's 12.2% unemployment rate, the legislature voted to raise taxes and fees by nearly $2 billion. Economists have estimated that the tax increase from Measure 66 and 67 would cost as many as 70,000 Oregonians their jobs.

The state is spending irresponsibly. Legislators increased overall state spending by 9%. And they already had $1 billion in extra cash reserves to spend without enacting $733 million in tax increases. Measures 66 and 67 only protect state jobs, while private sector businesses like mine have been forced to tighten our belts.

Help me protect Oregon from job-killing taxes. Vote no on Measures 66 and 67.

Sincerely,

Michael S. Card
President
Combined Transport, Inc.

(This information furnished by Mike Card, President, Combined Transport, Inc.)


Argument in Opposition

Even President Obama knows it:

"The last thing we want to do is raise taxes in the middle of a recession."

-President Barack Obama, August 5, 2009 on NBC

Vote NO on Measure 67. It's bad for business.

www.stopjobkillingtaxes.com

(This information furnished by Erica Hagedorn, Oregonians Against Job-Killing Taxes.)


Argument in Opposition

Ask the Tax Professional: A CPA says this measure is bad for Oregon.

As a certified public accountant, I have spent my career studying Oregon's tax system, analyzing facts, and providing advice to individuals, families, and small businesses. I have extensively studied Measures 66 and 67 and will share with you the factual information I am sharing with my clients:

*A "yes vote" on Measures 66 and 67 is a vote for the largest tax increase in Oregon history.

*A "yes vote" on Measures 66 and 67 is a vote to give Oregon the second highest income tax rate in the nation.

*A "yes vote" on Measures 66 and 67 is a vote to retroactively increase taxes on some Oregonians to January 1, 2009, even though no money to cover this tax increase has been withheld from their paychecks all this year.

*A "yes vote" on Measures 66 and 67 is a vote which may force many small businesses to lay off their workers, reduce wages and benefits and close their doors.

I'm an accountant, not a politician. I have not told my clients how to vote on Measures 66 and 67. I have just given them the above factual information and let them make up their own mind. There is no doubt I will be voting. I have seen enough tax returns to know that Oregon families and businesses are hurting.

Now is not the time for the largest tax increase in Oregon history. Vote NO on Measures 66 AND 67.

Sincerely,
Daniel Kosmatka, CPA/PFS/CFF

(This information furnished by Daniel A. Kosmatka, CPA/PFS/ CFF, Kosmatka Donnelly & Co. LLP, CPAs.)


Argument in Opposition

Vote NO on Measure 67

The Salem Area Chamber of Commerce opposes Measure 67. Many of the Salem Chamber's 1,200 business members would be directly impacted by measure 67 and all people will be indirectly affected by higher unemployment and higher prices for food, goods, and services. Here is why:

  • C-Corporations are not just major corporations like Mastercard, Sprint, and Macy's like proponents would like voters to believe. C-Corporations are also family owned small businesses that would be crippled under this new tax increase.


  • Measure 67 would create a brand new gross sales tax on c-corporations that make no profit. The new tax would result in a $100,000 tax on some C-Corporations. The state with the closest tax on this scale is New York with a maximum tax of $5,000. Oregon's tax would be as much as 20 times higher than the next closest state!


  • A new tax on gross sales does not make sense. Businesses vary greatly in their profit margins and high gross sales do not always equal high profits. Industries with very high sales and low profit margins like car dealers, petroleum dealers, and grocery stores would all be severely hurt by this new tax.


  • An increase in the corporate income tax rate from 6.6% to 7.9% for C-Corporation income over $250,000 would be a 20% increase on taxes currently paid. Oregon's new tax rate would also be 20th worst in the nation, according to the Tax Foundation, a nonpartisan nonprofit that collects data on tax policy.

Please say NO to taxes that cause more hurt to Oregon's ability to recover from an economic recession. Hurting private business will only damage Oregon's economy, increase unemployment and have all citizens paying more for goods and services.

Vote NO on Measure 67 and protect Oregon jobs.

Mike McLaran, CEO
Salem Area Chamber of Commerce

(This information furnished by Mike McLaran, Salem Area Chamber of Commerce.)


Argument in Opposition

An unemployed construction industry worker tells why she opposes Measure 67

I'm one of the 130,000-plus Oregonians who've lost a job since the recession started. I'm here to tell you it hasn't been easy. My husband and I recently lost our house. I wouldn't wish this on anyone, which is why I'm urging Oregonians to vote no on Measure 67. The legislature's permanent corporate tax increases will wipe out more private sector jobs and will only delay the day I can get back to work.

As the bookkeeper for Bend Fire Protection, I watched the company's bottom line go down as the unemployment rate went up. First, the owner had to reduce pay and medical benefits. But that wasn't enough. Then came the pink slips. Our payroll went from 19 to four workers.

The people behind Measure 67 won't tell you what their new tax on a corporation's gross sales will do. It will put a tax of up to $100,000 on companies that don't make a profit. How fair is that?

It's a good deal only for legislators who want to keep spending with reckless abandon. (Did you know that the legislature's 2009-11 budget is $4.7 billion or 9% higher than 2007-09's?)

It's a terrible deal for the rest of us.

What do you think these struggling businesses will do when the bill for higher taxes comes due? Reduce salaries and benefits more, and cut additional workers to pay Measure 67's tax increases.

Measure 67's permanent tax increases will do nothing to create new jobs that will, I keep hoping, provide a decent living for me and my family soon. On the contrary, economists estimate that Measures 66 and 67's tax hikes will together cost Oregon another 70,000 lost jobs.

Tell the legislature to tighten its own belt before it asks the rest of us to send them our already-tightened belts.

Vote no Measure 67 so we all can get back to work.

(This information furnished by Lynelle Buehner.)


Argument in Opposition

Oregon economists provide more than 70,000 reasons to oppose Measures 66 and 67

We are consulting economists who have studied the economic impact of the legislature's corporate and personal tax increases. Measure 66 and 67's tax increases will cost more than 70,000 jobs if you combine our separate calculations for the corporate and personal income tax increases.

Pozdena concludes that the corporate tax rate increase would cost the state between 22,000 and 43,000 jobs in 10 years. Conerly concludes the personal tax increase would cost 36,000 in 10 years. No prediction is exact, but we both believe these tax hikes will cause growing job losses for Oregon.

The background for our opinions is on the web at: www.CascadePolicy.org. You will find that our views are shared by the OECD, a 30-country organization that studies factors affecting economic development. But our conclusions are also simple, common sense.

Capital and people are mobile – especially for the corporations and high-income households targeted by the legislature. If they move, we lose jobs that their businesses, spending and investment create. Even for those staying, the higher rates sap the motivation to work harder and create more jobs.

Pozdena's estimates of corporate tax effects are based on analyses of country-to-country movements of capital, but stateto- state movements are even easier for companies. His job loss estimates, therefore, are probably low.

People also do not want the benefits of their extra effort taxed away. Already, Oregonians selling businesses often move to Washington to avoid Oregon's taxation of personal capital gains. Others can take their job anywhere the Internet connects. Recruiting and motivating workers is harder with high income taxes. Targeting our economy's heroes – successful business people and workers who've achieved success in 21st century industries – is job suicide.

Higher tax rates will cost Oregon jobs now, and slower growth will hamper Oregonians' job prospects long into the future. Please vote no on Measures 66 and 67.

Randall Pozdena, PhD

William Conerly, PhD

(This information furnished by Bill Conerly, Conerly Consulting LLC; Randall Pozdena.)


Argument in Opposition

These Measures will DELAY Economic Recovery

Oregonians may be focused on whether it's fair to increase public employee jobs by nearly 2,700 at the expense of losing an estimated 70,000 private labor jobs in this year's Measure 66 and 67 debates.

But the threat to Oregon from increasing taxes on Oregon's businesses in this economic climate is that it will delay recovery from this recession.

The reality is that this recession has been devastating to all Oregonians, including the Oregon business community. Statewide unemployment is 12%. Unemployment in the construction industry is running above 18%.

Over 220,000 Oregonians are without work, even before we consider the employment impact from these two tax measures. The family suffering has to be considerable, and the people affected deserve our prayers.

Taxing Oregon's corporations and small businesses will, without question, further weaken the state's economy. It will cost us more jobs, weaken business enterprise and assure that recovery will be, at best, anemic for years to come. What Oregonians are faced with is the reality that increasing government at the expense of private business will never lead us out of this recession.

Only new money coming into the economy will begin to move Oregon's economy forward. What that means is that Oregon needs a healthy and robust business community. Capital should be readily available to Oregon businesses to restructure, retool and reinvest. Restricting capital on our business community at this crucial juncture will have the opposite effect.

The result: Oregonians will continue to find themselves in the unemployment line; some businesses will look for states with a better tax structure; businesses in the state will see limited growth; and for those state employees reading this - state revenue will decline. Ultimately, even the public employees supporting these two measures will lose.

We urge you to vote "NO" on Measure 66 and 67. It is bad for business, bad for jobs, and bad for Oregon.

Rich Angstrom
Paul Hribernick

(This information furnished by Paul Hribernick and Rich Angstrom, Oregon Concrete & Aggregate Producers Association (OCAPA).)


Argument in Opposition

A message from Independence and the White House

I manage a farm in Independence. I think of myself as a plainspoken man. But I couldn't express my opposition to Measure 67's permanent tax increase any clearer than President Obama's words to NBC News last August. "The last thing you want to do is raise taxes in the middle of a recession, because that would just …take more demand out of the economy and put businesses in a further hole."

That's precisely why I became a petitioner to overturn the legislature's income tax increase. Oregon is the middle of the worst economic crisis since the Great Depression. More than 130,000 private-sector jobs have vanished. Almost a quarter million Oregonians are out of work. We cannot afford to take more demand out of Oregon's economy and put our state's businesses in a further hole.

Measure 67 will slap a permanent tax of up to $100,000 on businesses that don't make a profit. What will these struggling companies do if Measure 67 passes? Increase prices, reduce salaries and benefits or cut workers. Those lost jobs will be among the 70,000 jobs economists estimate will be wiped out by the legislature's two tax increases.

We'll all suffer.

The legislature was so eager to raise taxes in order to raise spending – by $4.7 billion overall! – that it made Measure 67's tax increase retroactive to January 1, 2009. That's right, this legislative proposal would actually increase taxes on income earned before its bill passed – and before the 2009 Legislature even convened.

Worse, companies haven't been asked to set aside money to pay Measure 67's retroactive tax increases. What will happen if Measure 67 passes and Oregon businesses have to scramble to make these retroactive payments? As President Obama knows, it's going to take more demand out of the Oregon economy and put out state's businesses in a further hole.

I'm with President Obama. Vote no on Measure 67.

(This information furnished by John Thomas.)


Argument in Opposition

Fellow Oregonians:

Albany is a wonderful community in the heart of the Willamette Valley. We think it is a great place in which to live, work, and raise a family. While there are a few large employers in Albany, ours is a community that is made up of small businesses. The Albany Area Chamber of Commerce is proud to be the voice of those small businesses.

It is no secret that times are very tough for small businesses. Many are just barely surviving economically each month. The last thing small businesses need now is a tax increase.

The Albany Area Chamber has extensively studied Measures 66 and 67, and we have concluded that passage of these measures will force many small businesses to close their doors, to lay off employees and/or to increase prices, meaning that everyone in the community will end up paying more for groceries, gas, and other goods and services. For these reasons, we strongly recommend a no vote on Measures 66 and 67.

Of course, the tax increases contained in Measures 66 and 67—the largest tax increases in Oregon history—won't just harm small businesses in Albany. They will harm small businesses in every corner and in every community in Oregon. They will lead to fewer jobs in every corner and in every community of Oregon. They will lead to higher prices for goods and services in every corner and every community of Oregon.

Please join with the members of the Albany Area Chamber of Commerce in voting NO on Measures 66 and 67

(This information furnished by Janet Steele, President, Albany Area Chamber of Commerce.)


Argument in Opposition

The Portland Business Alliance urges a NO vote
on Ballot Measures 66 and 67.

The Portland Business Alliance, a coalition of nearly 1,400 small, medium and large employers in the Portland-metropolitan area, urges you to vote no on Ballot Measures 66 and 67.

The Alliance and its members support schools and needed public services. For more than five years, when Portland-area schools faced unacceptable budget challenges, the Alliance backed temporary business tax increases, as well a temporary local income tax, to keep schools open. In 2007, the Alliance, with other business organizations, agreed to give up the corporate kicker to fund the state's first-ever Rainy Day Fund, and in 2009 the Alliance was prepared to support temporary tax increases to bridge the temporary budget gap.

But the legislators in Salem ignored the pleas of Oregon's employers not to hurt jobs in the middle of one of the deepest recessions in history. They took advantage of a short-term budget shortfall to dramatically and permanently increase taxes on business and individuals.

Two-thirds of taxpayers affected by the personal income tax increase are employers, many of them small -- all of them struggling to keep Oregonians employed. Some businesses will pay a new gross sales tax of up to $100,000, even if they are making no profit, laying off workers and fighting to survive.

Economists estimate these retroactive taxes would cost Oregonians 70,000 jobs. According to the State Economist, Oregon ranked 47th among the states for job creation in July and it may be 2013 before Oregon's employment reaches prerecession numbers.

The small, medium and large employers of the Portland Business Alliance are ready to work with legislators to find a reasonable and responsible approach to solving state budget issues. But Measures 66 and 67 are neither reasonable nor responsible.

Please join Portland-area employers in voting NO on Ballot Measures 66 and 67.

(This information furnished by Bernie Bottomly, Portland Business Alliance.)


Argument in Opposition

EXTRA! EXTRA! What Newspaper Editorial Boards Had to Say

"About the only way they would pay the minimum $10 is if they lost money. So the question becomes: Why would a state charge more for the privilege of losing money in Oregon?"

- Albany Democrat-Herald editorial, November 3

"Democrats picked a fight with business, recklessly spent reserves and risked their majorities. They dared to raise taxes, hundreds of millions of dollars on business and upper-income Oregonians, even as the state's unemployment climbed past 10, 11, 12 percent, to the nation's second highest."

- The Oregonian editorial, June 30

"Democrats ignored please from a unified statewide business community by enacting massive, permanent tax hikes, and they over-protected their private and public union supporters at the expense of all tax-paying Oregonians."

- Yamhill Valley News-Register editorial, July 3

"The legislature gave business a rude shock. It taxed gross income and made the tax increases permanent. That ups the odds that taxpayers will rebuke the tax increases at the ballot box."

- The Bend Bulletin editorial, July 8

"In important and symbolic ways lawmakers displayed breathtaking indifference to businesses, which provide jobs and, indirectly, the income taxes upon which Salem relies so heavily."

- The Bend Bulletin editorial, July 1

"In contrast to Oregon's actions, Washington state plugged its $9 billion budget gap without a general tax increase, to the credit of Gov. Chris Gregoire and the 2009 Legislature. The resulting biennial budget was tough on college students, public employees and Washingtonians in general, but it didn't single out and punish the better-off residents or the business community".

- The Columbian editorial, July 29

Vote No on Measure 67. It's bad for business.

www.stopjobkillingtaxes.com

(This information furnished by Erica Hagedorn, Oregonians Against Job-Killing Taxes.)


Argument in Opposition

Oregon Business Community Opposes Permanent Job-Killing Taxes

This didn't have to happen. In order to help the Oregon legislature address its revenue shortfall, the business community proposed a modest, temporary 2-year tax increase to help state government through these lean years.

But the legislature rejected this proposal. Why? Because they wanted to raise taxes even higher, and they wanted their new tax increases to be permanent.

In short, the Oregon legislature exploited our state's worst economic crisis in more than 70 years to pass permanent tax increases on Oregon taxpayers and small businesses. As Oregon's unemployment rate soared above 12 percent - among the worst in the country - the legislature chose to pass $733 million in new, permanent, job-killing taxes.

The Measure 67 tax increases give Oregon the highest corporate minimum taxes in the country – 20 times higher than New York – which has the next highest rates. The new corporate minimum taxes in Measure 67 would tax businesses up to $100,000 per year, even if they don't make a profit.

What's more, Measure 67 implements a new gross sales tax on unprofitable Oregon businesses that will further stress Oregon's business community and force further layoffs and reduced wages and benefits. A new gross sales tax that penalizes unprofitable businesses will make Oregon uncompetitive for business expansion and job growth.

That's why economists predict that the Measure 67 business tax increases, in combination with the Measure 66 tax hikes, will kill over 70,000 Oregon jobs.

What's worse, the Measure 67 tax increases are retroactive to January 1, 2009, and no money to cover this tax increase has been withheld from Oregon businesses during all of 2009. This will further dampen the prospects for Oregon businesses to begin their recovery.

At a time when entire families are out of work, we can't afford taxes that will cost even more Oregon jobs.

Vote NO on Measure 67.

(This information furnished by Jay M. Clemens, Associated Oregon Industries.)


Argument in Opposition

Oregon Restaurants Urge a NO Vote on Measure 67.

Restaurants employ more people than any other private sector industry, and we urge you to vote NO on Measure 67.

Local restaurants are already closing their doors and laying off workers because of the bad economy.

The average full-service restaurant that closes in Oregon eliminates between 35-50 jobs.

Measure 67 will impose a new corporate minimum tax of up to $100,000 on companies that do not make a profit. Many restaurants are already operating on zero profit.

Measure 67 imposes three tax increases: (1) an increased filing fee on all business filings; (2) an increase in new corporate minimums on LLCs that currently pay income taxes; and (3) a new business entity tax on all businesses.

These tax increases are retroactive to January 1, 2009. If this measure passes, business owners will have to pay even more money on their 2009 taxes – money they haven't been setting aside.

Economists estimate Measure 66 and 67 will cost 70,000 Oregonians their jobs. Economists also warn that businesses generally won't hire employees back until they show positive income growth for two consecutive quarters.

We need to stop business closures and stop increasing taxes on businesses that are not profitable. And, we need to stop increasing fees on small businesses that are currently paying taxes.

Tax increases in Measure 67 will cost jobs. We cannot afford any more closures in Oregon.

Getting more people to work is what increases revenue to the state; taxing small business and unprofitable companies will cost jobs and lose tax money.

Get Oregonians back to work. Please vote NO on Measure 67.

(This information furnished by Bill Perry, Oregon Restaurant Association.)


Argument in Opposition

Common Cause Oregon is neutral on Measures 66 and 67, but is tracking campaign contributions.

The two chief petitioner committees that collected signatures to qualify Measures 66 and 67 raised $960,196 as reported by the signature turn-in deadline of September 25. Most of this money came from two political committees. Oregonians Against Job-Killing Taxes gave 64 percent or $610,072, while Taxpayer Defense Fund gave $194,280 or 20 percent of total chief petitioner fundraising.

The largest single donation to Oregonians Against Job-Killing Taxes was $100,000 from Oregon Bankers Association. Associated Oregon Industries and its political committee gave $125,300, Weyerhaeuser gave $51,194, Common Sense for Oregon, Inc. gave $50,000 and Roseburg Forest Products gave $45,000.

The top two donors to Taxpayer Defense Fund were Nevadabased Loren Parks, who gave $75,000, and $22,752 from FreedomWorks, Inc. in Washington, D.C. These contributions comprised 51 percent of Taxpayer Defense Funds total fundraising of $190,446.

Detailed charts on the contributions to qualify Measures 66 and 67 are available at www.commoncause.org/oregon at the research center.

In mid-November, when this statement was prepared, "yes" and "no" campaign money was just starting to flow so the following contribution information is only preliminary.

The top three donors to Oregonians Against Job-Killing Taxes after the signature turn-in deadline through mid-November were $50,460 from Associated General Contractors of America, $25,700 from the Oregon Restaurant Association and its affiliated political committee, and $17,900 from the Portland Business Alliance and its political committee.

The top three donors to Vote Yes for Oregon, as reported through mid-November, were $75,000 from the Oregon Public Employees Union, SEIU Local 503, $50,000 from the American Federation of Teachers-Oregon Issue PAC, and $25,000 from the Oregon Health Care Association.

Updated "yes" and "no" campaign contribution information will be at www.commoncause.org/oregon at the research center when you receive your Voters' Pamphlet. Common Cause Oregon appreciates your interest in "following the money" in these ballot measure campaigns.

(This information furnished by Janice Thompson, Common Cause Oregon.)


Argument in Opposition

Oregon Chambers of Commerce: Measure 67 is bad for business

Thousands of businesses in Oregon are facing a terrible economic situation. They've had to downsize their businesses and lay off employees.

At a time when business owners and working Oregonians have had to tighten their belts, the state government increased its spending by 9%.

In the midst of the worst economic crisis in more than 70 years, the legislature voted to permanently increase income taxes on businesses and high-income Oregonians.

Businesses would be taxed up to $100,000 per year - even if they didn't make a profit.

Please join the Oregon State Chamber of Commerce and your local chamber in voting NO on Measure 67.

LIST OF CHAMBERS

Albany Area Chamber of Commerce

Bay Area Chamber of Commerce

Beaverton Area Chamber of Commerce

Brookings-Harbor Chamber of Commerce

Eugene Area Chamber of Commerce

Greater Hillsboro Area Chamber of Commerce

The Chamber of Medford/Jackson County

North Clackamas County Chamber of Commerce

Portland Business Alliance

Roseburg Area Chamber of Commerce

Salem Area Chamber of Commerce

The Dalles Area Chamber of Commerce

Linda Moholt, CEO, Tualatin Chamber of Commerce

Wilsonville Chamber of Commerce

(This information furnished by Debra L. Fromdahl, Chair-elect, Oregon State Chamber of Commerce.)


Argument in Opposition

Oregon Farmers will pay taxes when they LOSE money with Measure 67.

I'm a third-generation cherry grower in The Dalles. I'm also a member of the Oregon Cherry Growers, the largest producer and processor of maraschino cherries in the world. This growerowned cooperative formed in 1932 and supports approximately 70 cherry farms in The Dalles and the Willamette Valley. Yet, as an individual and as a part of this industry, I can attest that we're facing hard times.

Measure 67 is just wrong. Taxing businesses based on gross revenues rather than profit ensures one thing - I'll be paying the Oregon Department of Revenue, whether or not I can repay my annual operating loan at the bank. This tax philosophy seems to say, "We'll take the money, whether your farm is going to make it or not."

This season, the market price for my fresh-pack cherries didn't even cover the cost of picking and packing the fruit. But my farm did receive revenue. It's not right that I pay taxes on that revenue before I pay my operating expenses.

On the process side, the world price this year was 20% less than 2008. Yet, my labor costs increased. Fertilizer and fuel costs increased. But, my farm did receive revenue. Negative margins or not, under Measure 67 my farm will pay additional taxes – in a loss year!

Unfortunately, I am not unique in struggling to feed my family and keep my farm running. Now, these predatory taxes might force me to sell the very farm that's allowing me to put food on my table and yours.

Vote NO on Measure 67. When farms and small businesses like mine hang it up, Oregon's economic base and the jobs it creates will disappear as surely as my orchard.

(This information furnished by Greg Johnson, Renken Orchard.)


Argument in Opposition

Oregon Small Business Coalition asks you to support small businesses -
VOTE NO ON MEASURES 66 & 67

We at the Oregon Small Business Coalition represent 40,000 Oregon businesses. Many of those businesses will lose money this year.

Why would so many companies operate at a loss? In these difficult economic times, they may not have a choice. They need to keep food on their tables. They need to keep their employees working.

Even with no profit, many will have tax burdens similar to the cost of one month of health insurance for their employees.

Why? Because our Legislature has given into the simplistic notion that the solution to a budget deficit is to pile more taxes onto the backs of Oregon businesses regardless of whether those businesses are turning a profit.

Measures 66 and 67 engage in the kind of generalized thinking that holds up businesses as poster children for corporate greed, that decides that firms providing jobs and selling goods in Oregon should be held accountable for the government's inability to balance its books.

Where does that money come from for a company with no profit? Do they cut jobs or health care or just close down entirely? One can only imagine the choices that small business owners will have to make in order to meet this new tax liability.

The mission of the Oregon Small Business Coalition is to protect and enhance Oregon's small business environment. To some extent, that should be the mission of our Legislature, as well.

Instead, if Measures 66 and 67 pass, Oregon stands to lose 70,000 more jobs, in addition to the 130,000 we've already lost.

Isn't that enough? Vote NO on knee-jerk reactions to complex problems that risk jobs in your community. Join small businesses across Oregon in voting NO on Measures 66 and 67.

(This information furnished by Jeff Stone, Oregon Small Business Coalition.)


Argument in Opposition

My name is Charlie Tindall, part owner of the family owned business, Blue Line Transportation. Blue Line has been an Oregon business since the 1940's. We transport: animal feeds, fertilizers, de-icers, gas, diesel, jet fuel and asphalt for road construction and maintenance. We have a proud history of servicing our customers. Awesome employees provided these services. We provide family wage jobs, full medical, vision, dental and profit sharing benefits for employees and families.

Running a heavy regulated small business has been fun but challenging. Unfortunately, if Measures 66 and 67 are approved, it will add to these challenges. The additional taxes would force us to cut benefit packages and lay off employees. We will also be forced to join other small businessmen and women to collect these new taxes and pass these expenses on to YOU!

We have experienced many ups and downs over the years but this current economic recession is very frightening. We have already been forced to cut back and we have seen many of our customers do the same. How many of us don't know someone who has lost a job in recent months? Instead of helping businesses to expand and create jobs, the Legislature has put in place four different tax increases that will make our current economic condition worse.

The tax increases contained in Measures 66 and 67 are the largest in Oregon history. Oregon cannot get back on track if the Legislature continues to recommend policies that will lead to further job losses in the private sector. Private sector employment growth must outpace government employment to have any stability in tax revenue.

Oregon is my home. I want our business to remain here in the hands of our family members and employees. I plan to help this happen with my "NO" vote on Measures 66 and 67 and I hope you will join me with your "NO" vote in defeating jobkilling taxes.

Charlie Tindall

(This information furnished by Charlie Tindall, Blue Line Transportation.)


Argument in Opposition

Fellow Oregonians:

It was the privilege of my life to serve two terms as Governor of this great state. I remain indebted to the people of Oregon, and I look back at my eight years in the Governor's office with great pride.

While I was Governor, Oregon was faced with one of the greatest economic recessions in our state's history. A Republican Governor and a Democrat legislature compromised to cut state spending and enact a temporary, short-term tax increase. Because we put partisanship aside to do what needed to be done, Oregon survived the recession and soon returned to many years of economic growth.

Oregon is in the midst of another serious recession, but this legislature is responding very differently.

Instead of cutting spending, the legislature increased overall state spending by 9%, or $4.7 billion.

Instead of enacting a temporary tax increase to help get the state budget through a shortfall, the legislature enacted a permanent $733 million tax increase—the largest tax increase in Oregon history.

And instead of reaching across party lines, the Democrat party that controlled the legislature refused to work with the Republicans on a compromise plan that all legislators could support.

I love Oregon. I've lived here all my life. Dolores and I raised our children here, and now our grandchildren are being raised here. I cannot support policies that I believe would harm Oregon. I believe Measure 67 would cause many employers to eliminate jobs or move out of Oregon, and would lengthen our economic recession.

I urge you to join me in voting 'no' on measure 67. I know it won't be easy for the leadership when these fail. It was not easy for us. It was painfully difficult. But it is not easy for those who today are unemployed. It will not be easy for those now working to take a cut in income because of the proposed permanent tax increase.

Sincerely,

Vic Atiyeh
Oregon Governor, 1979-87

(This information furnished by Vic Atiyeh.)


Argument in Opposition

The Legislature ignored thoughtful tax advice, sided with special interests.

In 2007, the governor and legislature joined forces to create a bipartisan group dedicated to finding solutions to the revenue problems that loomed over Oregon's future.

That committee, the Task Force on Comprehensive Revenue Restructuring, faced a daunting challenge. Their goal was to suggest ways to promote stability for state and local governments, create positive economic benefits for Oregon, and build a financial foundation that would increase Oregon's competitiveness in a global economy.

Over the course of a year, the task force read and discussed hundreds of pages of studies, data and economic analysis. It issued a massive report that contained both short- and long-term recommendations on vital issues.

Not a single one of these recommendations was acted on by the 2009 legislature.

Instead, the legislature ignored the hard work and advice given by the Task Force that they created just two years earlier. They gave into special interests by passing the largest tax increase in Oregon's history, and they did it in the middle of the worst economic crisis in 80 years.

In doing so, they have set in motion events that will cost Oregon jobs, increase the instability of our tax system and make Oregon less competitive in the world economy.

This tax increase was not necessary. Leadership and hard choices were.

Vote NO on Measures 66 and 67. Tell the legislature to work for meaningful, long-term changes in Oregon's taxing and budget laws. Tell them to work to create jobs and opportunity and to provide a fair and stable basis for paying for necessary public services.

(This information furnished by Jon Chandler, Oregonians Against Job-Killing Taxes.)


Argument in Opposition

Leading Economists Recommend No Vote on Measure 67

As economists, we believe the legislature's permanent personal and corporate tax increases will slow Oregon's recovery from the current recession and permanently damage job growth in the state.

Oregon has lost more than 130,000 private-sector jobs in this recession. We cannot afford tax increases that will mean more lost jobs.

"The last thing you want to do is raise taxes in the middle of a recession," President Obama said this summer, "because that would … take more demand out of the economy and put businesses in a further hole." His view is supported by dozens of academic studies tying higher income taxes to lower employment and economic output.

Edmund Phelps, awarded a Nobel Prize for his study of economic impacts of government policies, states, "Big increases in payroll and personal-income taxes in most countries have been mass job-killers."

Corporate income taxes are passed on to employees in lower compensation or reduced employment, to consumers in higher prices and to investors (retirement and college savings accounts) in lower stock prices. Such taxes also stifle economic growth. As Nobel Prize winner Joseph Stiglitz states, "Of course, individuals pay the corporate income tax."

Higher personal income taxes reduce incentives for employees to work and entrepreneurs to take the risks leading to job creation. Nobel Prize-winning economist Edward Prescott states, "If we establish rules that punish the winners, entrepreneurs will take fewer risks and we will have less innovation, less output, less job growth. The whole economy suffers under such a scenario—not just those few individuals who are taxed at a higher rate."

Measures 66 and 67's permanent tax increases will prolong Oregon's recession. All Oregonians will feel their negative impacts.

Oregon cannot afford the short- and long-term harm these tax increases will do to Oregon's economy. We recommend a No vote on Measure 67.

Ralph R. Shaw, Anthony Rufolo, John W. Mitchell and other economists listed at:
www.stopjobkillingtaxes.com.

(This information furnished by Pat McCormick, Oregonians Against Job-Killing Taxes.)


Argument in Opposition

Nursery and Greenhouse growers oppose Measure 67

Measure 67 does not provide tax reform – it only harms struggling businesses
The nursery and greenhouse industry is a high transaction, low margin sector of agriculture. We employ a year-round workforce and export over 80% of our product out of state – bringing important dollars back to Oregon. The cumulative effect of Measure 67 will make it harder – not easier – for the industry to continue being a national economic force. We are facing shrinking demand, increased competition from Eastern nursery states located closer to our primary markets, and geographical disadvantages regarding labor and transportation costs. With these competitive pressures, we cannot embrace a modified "gross receipts" tax. Tax fairness is a topic worthy of conversation, but it is not found in Measure 67. It's short-sighted to cut down businesses that hire the workers who contribute to the very foundation of state revenue.

Sales do not equate profit
Taxing business activity draws the erroneous conclusion that sales equal profit. A $100 million corporation should not object to a corporate minimum based on companies in states competing for the same market share. However, it would be a tremendous miscalculation to assume that agricultural businesses whose sales exceed certain dollar figures result in burgeoning profit margins. Clearly, it is time to change the $10 corporate minimum for multi-million dollar companies. But calculating a new corporate minimum based on gross sales, instead of a measure that keeps Oregon businesses competitive, will only further burden Oregon's struggling economy.

Join other states that have rejected large tax increases
Oregon, like many other states – including our neighbors in California – rejects tax increases that do not lay a foundation for certainty for public services. Send a message to our elected officials to do what is needed to be done – tax reform.

Vote no on Measure 67

(This information furnished by Jeff Stone, Oregon Association of Nurseries.)


Argument in Opposition

The recession has been especially painful in rural Oregon—including Douglas County.

Unemployment in Douglas County exceeds 16%. Many small businesses have been forced to shut down, putting people out of work. Many more are barely surviving.

Despite the tough times, members of the Roseburg Area Chamber of Commerce continue to generously donate to our community. Chamber members are proud to live, work, and raise families in Roseburg. We love living close to the beautiful Umpqua River. We love the spirit of "neighbor helping neighbor" that can be found in Roseburg and so many other rural towns and cities. We like the schools our kids attend, and want them to be even better and stronger.

We believe the best way to build a strong Roseburg is to work for a community that is economically strong - with growing businesses that offer good paying jobs. More people working and paying taxes means more money for our schools, roads and police.

The Roseburg Chamber agrees with many experts that Measure 67 will lead to fewer people working, which will keep our economy in a recession for a longer time.

Many businesses in rural Oregon struggle to make payroll, and making a profit is even tougher. Measure 67's new, higher corporate minimum taxes businesses even when they make NO profit. Businesses will have to pay high taxes to the state of Oregon in good times and bad!

The new corporate minimum in Measure 67 is a permanent tax increase of up to $100,000 on businesses that don't make a profit. Worse, this tax increase is retroactive to January 1, 2009. Businesses will be getting a second bill for more taxes.

Measure 67 is bad for the owners of small businesses, bad for employees of small businesses, bad for consumers and bad for Oregon.

Please join with the Roseburg Area Chamber of Commerce in voting no on Measure 67.

(This information furnished by Debra L. Fromdahl, Roseburg Area Chamber of Commerce.)


Argument in Opposition

Measure 67 will make a bad situation worse for Oregon Loggers

I am Executive Vice President of Associated Oregon Loggers, an organization representing over 1,000 family-owned contract logging companies and businesses associated with the logging industry.

Our members employ over 12,000 Oregonians. Due to the worst recession since the Great Depression, half of our members are sitting at home instead of doing what they love, using state-of-the-art knowledge and equipment to manage Oregon forests.

Measure 67 will make that situation worse.

Measure 67 will force my members to lay off even more folks in the face of the worst wood products market in 80 years. Economists estimate that if Measures 66 and 67 pass, 70,000 more jobs will be lost.

Even though I am not an economist, I understand why a tax increase would lead to more lay-offs. My members log for corporations that will face a tax increase if Measure 67 passes. The first thing they will do is pay loggers less for the logs they deliver. Next, in order to stay in business, my loggers will have to let some more employees go. If the mills don't pass on the costs of the tax increase to their loggers, they will need to lay off more of their own workers.

What is the other option? Everyone, from loggers to sawmills to lumber wholesalers, is losing money in this recession/ depression. Companies have no magical pot of money sitting around waiting to pay higher taxes. Cutting jobs will be the direct result of increasing taxes in this economy. Oregon's statewide unemployment rate, which is even higher in logging communities, shows that jobs are hit the hardest in the recession. Increasing taxes on corporations will hurt workers.

Even President Obama knows that "the last thing we want to do is raise taxes in the middle of a recession."

For the sake of your neighbors, please vote No on Measure 67.

(This information furnished by James C. Geisinger, Associated Oregon Loggers, Inc.)


Argument in Opposition

The residential construction industry is drowning in this great recession.

  • Housing starts are at their lowest levels in decades


  • Over 35,000 construction jobs have been lost


  • Thousands more jobs in related fields – lumber mills, real estate, banking, title companies, home furnishings, lumber yards – have been eliminated


  • Most new homes being sold are being sold at or below the cost of construction

Yet the legislature imposed taxes that will make things worse

Measure 67 imposes a new corporate minimum tax based on Oregon sales (not profit), which hits construction right between the eyes.

In a home building company – where houses are sold for hundreds of thousands of dollars even when the builder loses money – this will result in further layoffs or reduction of benefits. There is simply no other place from which the taxes can be paid.

An income tax system should tax income, not sales. Changing the system now, in the middle of an economic catastrophe, is not only unfair, it will eliminate thousands of jobs as businesses reduce their costs to pay the state's increased taxes.

Home building has been a mainstay of Oregon's economy for many years but the industry is barely treading water.

With these taxes, the legislature threw us an anvil
instead of a rope.

Please vote NO on Measure 67.

(This information furnished by Jon Chandler, Oregon Home Builders Association.)


Argument in Opposition

FACTS YOU NEED TO KNOW

Our televisions, newspapers and mailboxes are being flooded with politically slanted information on the tax increases. With such political rhetoric, it can be difficult to tell fact from fiction. Here are some simple but important facts you should know about these proposed taxes:

Taxes are permanent
The tax increases imposed by the Legislature are permanent, not temporary. They will continue to stifle Oregon's economy long after the recession ends driving businesses and jobs out of Oregon. We have learned from serving several years in the Legislature that there is never enough money for Oregon government. Our government must learn to live within its means, just as Oregon families do.

Taxes are retroactive
These taxes on families and small businesses apply retroactively on income dating back to the beginning of 2009. Many have had taxes withheld expecting the current lower tax rate. If adopted by the voters, these tax increases would unfairly apply to all 2009 income leaving taxpayers stuck with an unexpectedly large tax bill.

Taxes are a hidden sales tax
On nine occasions, Oregon voters have overwhelmingly rejected a sales tax. Yet hidden here is a tax on business sales that will drive increased consumer prices. Businesses may write the tax checks to the government, but it is Oregon consumers who will pay the bill.

Taxes increased by over 10,000 fold
The new corporate minimum tax is based solely on sales revenue, not profitability. Currently, some businesses that aren't making a profit pay a minimum tax of $10 a year. That "minimum" tax could increase to $100,000 for businesses with high sales volume. Even if they lose money their minimum tax bill could be multiplied by 10,000 times!

We hope these facts are helpful as you make your decision.

Senator Doug Whitsett Representative Dennis Richardson

(This information furnished by Senator Doug Whitsett and Representative Dennis Richardson.)


Argument in Opposition

The Associated General Contractors Oregon-Columbia Chapter
Urges Your No Vote on Measures 66 and 67

Mike Salsgiver, Executive Director,
AGC Oregon-Columbia Chapter

The Associated General Contractors, Oregon-Columbia Chapter, is a full-service construction trade association with over 1,100 members serving Oregon and Southwest Washington since 1920.

Of AGC's membership, 86 percent is composed of small, family run businesses with 10 employees or less. It is those union and non-union employees that build the roads, bridges, freeways, office buildings, schools and other structures we all use every day.

With those family run businesses and valued employees in mind, AGC Oregon-Columbia Chapter members urge your strong opposition to Measures 66 and 67.

Simply put, the legislature's $733 million in permanent tax increases is a job-killer, particularly for employees in the already struggling commercial construction industry.

Virtually all AGC members are suffering losses this year. Many are struggling to sustain businesses that were founded in Oregon generations ago. These companies are seeing their gross receipts drop by between 30 and 70 percent compared to just 18 months ago. In Oregon alone, construction jobs are down by 35,000, from 110,000 in December 2007 to just under 75,000 today.

The legislatively approved taxes require our members to pay up to $100,000 even when they are losing money. Businesses struggling with the worst economy since the Great Depression can ill afford any added expenses, let alone a $100,000 tax bill when they're not earning a profit.

The new permanent taxes will leave many of our members little choice but to curtail benefits, consider additional layoffs, or, sadly, close down entirely. Most of these companies have nowhere left to cut and for the commercial construction business, the end of this recession may be two or more years away.

Please vote no on Measures 66 and 67 and save your friends and neighbors from falling prey to the 70,000 lost jobs economists believe the $733 million in permanent tax increases will cost Oregonians.

(This information furnished by Michael Salsgiver, Associated General Contractors Oregon-Columbia Chapter.)


Argument in Opposition

Oregonians have the right to know key facts
about Measures 66 and 67

YOU have a right to know the Legislature's tax increases are permanent. Voters are given no clue that legislators exploited a short-term economic crisis to pass permanent tax increases.

YOU have a right to know that the tax increases are retroactive. Proponents of the measures fail to clearly explain that the tax increases reach back to Jan. 1, 2009, and that no money has been withheld from Oregon taxpayers to cover these retroactive tax increases.

YOU have a right to know that the tax package includes a new tax of up to $100,000 on businesses that do not make a profit.

YOU have a right to know that defeat of these measures will NOT mean automatic cuts to current budgets. Legislators have $1 billion in other options they can use.

Ramming through shortsighted tax increases is part of the legislative leadership's pattern of delay, denial and deceit.

First, the leaders denied requests to send the measures out for a vote. Then they tried to change the law so a "yes" vote would mean no and a "no" vote would mean yes if the taxes made it to the ballot. Then they said nothing as Gov. Ted Kulongoski delayed signing the measures so citizens would have less time to gather signatures to put them on the ballot. They even spent taxpayer dollars to hire private investigators to spy on signature gatherers.

It seems like an awful lot of effort to hurt the very people the Legislature is supposed to be serving. Makes you wonder what was so rotten with the measure in the first place that they had to go to all that trouble to cover it up.

Vote no on Measures 66 and 67. Vote no on dishonest government. Vote no on unnecessary, hurtful taxes.

Sincerely,
Sharon Livingston
Chief Petitioner

(This information furnished by Sharon Livingston.)


Argument in Opposition

Save Oregon Jobs, Support Small Business,
Grow the Economy

Vote No on Job-Killing Taxes

Oregon has lost almost 130,000 jobs since the recession began in November 2007. While tens of thousands of quality private sector jobs have vanished, the state government's employment has increased by two percent. Rather than working to put our economy back on track, the 2009 Legislature passed $733 million in permanent, job-killing tax increases. These tax increases will threaten Oregon jobs and prolong the state's economic recovery.

Protect Oregon's Job Creators, Don't Punish Them
With Permanent Tax Increases

These tax increases are targeted at those who create quality, family-wage jobs. Many Oregonians affected by these tax increases are small business owners, family farmers and others who're struggling to survive this recession. By increasing taxes during an economic downturn, there will be fewer resources for job creation and reinvestment in Oregon equipment and services. Faced with having to send more dollars to Salem, many businesses will be forced to lay off workers, reduce wages and benefits, raise prices, or even close their doors.

Balance the Budget by Growing the Economy,
Not Passing Job-Killing Taxes

Oregon can't balance the budget when the economy is poor and people aren't working. Rather than raising taxes during a recession, the Legislature should focus on improving Oregon's competitiveness and helping small businesses succeed. When the economy is healthy, businesses and employed Oregonians will generate the tax revenue necessary for funding critical services. These tax increases will cost Oregon jobs, and their negative effects on our economy will generate significant budget shortfalls far into the future.

Please Join Us in Voting No on Measures Job-Killing Taxes

As state legislators, we believe government should focus on what matters: growing the economy, creating family wage jobs and spending your tax dollars wisely. Permanent, job-killing taxes are not the answer. Please join us in voting No.

Senator Bruce Starr Representative Kevin Cameron

(This information furnished by Senator Bruce Starr & Representative Kevin Cameron.)


Argument in Opposition

NOW THAT YOU'VE HEARD FROM BOTH SIDES, IT'S UP TO YOU TO DECIDE WHO SHOULD PAY MORE: BIG CORPORATIONS AND THE RICH, OR MIDDLE CLASS FAMILIES.

Please be sure to read the measures carefully and understand what the result of a "YES" and "NO" vote would be so your vote counts in the right column.

VOTE YES if you want to:

  • Raise the $10 corporate minimum income tax for the first time since 1931.


  • Ensure that only the richest households making over $250,000 are paying more, not middle class families.


  • Preserve funding already budgeted for our schools, public safety, health care and senior services.


  • Cut taxes on unemployment benefits for hundreds of thousands of Oregonians.


  • Protect Oregon's middle-class families and small businesses while making sure that big corporations—including Wall Street banks and credit card companies—pay more than $10.

VOTE NO if you want to:

  • Keep the 1930s law that allows corporations to pay just $10 a year in the corporate minimum income tax.


  • Force additional cuts of nearly $1 billion from schools, public safety, senior care and other essential services in a February special session of the legislature.


  • Make out-of-work Oregonians pay taxes on their unemployment benefits.

THE RIGHT THING TO DO IS UP TO YOU.

Our Oregon is a non-partisan non-profit organization
dedicated to promoting economic and tax fairness for all
Oregonians; protecting schools, public safety and healthcare;
and stopping unfair tax giveaways and loopholes that shift
the burden to the middle class.

(This information furnished by Kevin Looper, Our Oregon.)

Oregon Secretary of State • 136 State Capitol • Salem, OR 97310-0722
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