Now that you have stated the facts clearly, allow me to clarify your clarification.

The drop in the share of income taxes paid by corporations, both state and federal,  is a national trend, not unique to Oregon. If you believe they don't pay enough income taxes, why not raise their income tax? At least that would be fair.

I'll tell you why: to raise the record $3 billion, you would have to raise corporate income taxes by 500 percent. That would expose how outlandish your request was.

 So you chose to design  M97 to be incomprehensible and obscure, like no other tax in the country. That allows you to dispute every point of opposition, because M97 is truly uncharted territory.

With a ridiculous single rate, M97 will cause the profits of many large corporations to disappear.  Ask yourself: how would you stay in business if it were your company?

Your targeting and demonizing of our largest employers is shameful, and your cavalier dismissal of M97 economic risks is truly scary.