|| Print ||
|Sunday, May 17, 2009|
Come on, state budget chiefs. You owe the businesses and citizens of Oregon a lot more clarity on your tax-hike plans. And it should have been clear when you released your budget on May 18.
The Oregon Business Association has stepped up to provide concrete suggestions as to how businesses can step up to help the shortfall. (Associated Oregon Industries told me a few weeks ago that it's not ready to do the same.) On May 21, the Oregon Business Plan protested the proposals presented that morning to the House Revenue Committee that called for increasing corporate taxes by 42%, increasing corporate tax rates from 6.8% to 8.2% and creating a gross receipts tax as a basis for setting the corporate minimum tax, and issued its recommendations on what to do.
The co-chairs' vague statement that “businesses in our state that have prospered” would be targeted was just plain dumb. Now, whether you agree with that philosophy or not isn’t the point. It’s just bad leadership. What company in Oregon now feels good about “prospering?” Or even doing business here?
The Republicans, rightly, immediately pounced on that, saying the Dems are hurting the very businesses needed to help the state out of the recession, and that it will hit small employers hardest. The co-chairs, rightly, say they have a huge challenge on their hands to balance the budget and still provide critical services to many constituents. It’s a pretty thankless task.
Robin Doussard is the Editor of Oregon Business.
|A Complex Portrait: Immigration, Jobs and the Economy|
|Woman of Steel|
|Kill the Meeting|
|Mergers lucrative for departing CEOs, but not necessarily shareholders|
|Senators ask, but get no real answers regarding safety from air bag executives|
|Senate investigation says Wall Street misused commodities businesses|
|Amazon says its cloud services will run on renewable energy|
|Home building falls in October due to apartment sector|
|Dollar hits highest point against Yen since 2007|
|Investors wonder if OPEC cutback is imminent|
Is your business ready to join us in the call for action? This opening panel includes Oregon businesses who will discuss why they signed the Oregon Climate Declaration, the investments they are making to reduce carbon emissions, and how their actions are affecting their companies.
Get ready for two days of special events produced with the EPA, Portland Timbers and ISOS before and after the GoGreen Conference on October 16.
Plenty of employers seem “dazed and confused” after the recent vote to legalize marijuana. In light of Measure 91 passing, what are some issues for private-sector Oregon employers to consider?
Rotary’s Oregon Ethics in Business aims to raise consciousness about business ethics by honoring exceptional companies.
Barran Liebman’s annual employment law seminar is an industry classic.
Is my drug-free workplace policy up in smoke?
More than 400 "Change Makers" will gather to invest in a socially sustainable community.