Money Buys Political Results:
Corporate Taxation
§ Council on State Taxation (2005): Oregon
ranks 47th among states in business taxes
per $ of economic activity
§ In 1975, corps paid 18.5% of income taxes
in Oregon; now they pay 4%
§ “Kicker” just cut 2005 Oregon corporate
income taxes by 36% ($101 million) and
will cut next year’s by 61% ($238 million)