On the surface, the proposed tax seems reasonable.  In the same manner that the Art's Tax seems straight forward, until we learn that retires with income PERS -- depending on individual circumstances -- get treated differently, then one can wonder.  The devil is always in the details.  

The irony here is that some of the largest companies in the State, who market, compete for volumes and customers, accrue revenues, focus on market share, in all manner behave in competitive market thinking and activities, etc., will not have to pay the tax because they are shielded under the shroud of the non-profit umbrella.  There are the biggies like Legacy, Providence, big parts of Kaiser, and even smaller fry like the MAC Club.  

A diversified tax assessment on all commercial operations with over $25M in turnover -- regardless of non-profit/profit status, would more fairly distribute the burden.