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Matt Singer on June 8, 2006 - 10:21am
The need to fight the horrible TABOR amendment (TABOR=TAxpayer's Bill Of Rights -- a Constitutional spending cap) in Oregon has led a citizen's group to drop their own effort for corporate accountability, acknowledging that the resources that would be spent both by public interest groups and by corporations would be better used to fund a united opposition to TABOR. The corporate accountability measure, which had already turned in over 84,000 signatures, would have required disclosure of limited tax information for corporations. According to Chuck Sheketoff of the Oregon Center for Public Policy, an outstanding state think tank, only one in three corporations in Oregon pays more than $10 in corporate income tax. That number is way down from a generation ago when more corporations carried their fair share. Today, though, corporations get awfully testy when confronted over the question of whether they carry their share of the tax burden. With individual taxes weighing heavier and heavier, it's a question many citizens want answered. For the time being, though, the issue with TABOR is far more important. And while resources from the public interest groups and from the business sector would have been squuaring off on the corporate accountability measure, the removal of this issue will make it easier to get business leaders to cooperate in the fight against TABOR. After all, while business hates paying taxes, they know as much as anyone that a state with failing schools and crumbling infrastructure is not a good place to do business.