Wow, this is crazy. You set a tax rate based on how much money you would like to add to education, healthcare, & senior services, and with no regard at all about how it will affect the economy. $5 billion dollars is a lot of money to take out of Oregon’s economy. This is so naive to think there would be no negative consequences.

Heck, if doing this has no drawbacks as claimed, then why not tax 5% instead of 2.5%?? You would then get $10 Billion a year.

What little manufacturing we have left in this state is going to leave if this passes.

And to apply that high 2.5% rate on ALL industries? Even food and healthcare? Prices on everything will jump.

What this really is, is this: A SALES TAX. It is simply disguised, because the tax is being applied to all goods and services that corporations sell. They will just pass this tax on to us. You will feel this tax with higher prices, but you won’t see anything on your bills. For the tax will be hidden from view.

This is Machiavellian!!