NE Main Street and NE 1st Avenue
Hillsboro, OR 97124
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Companies like Bank of America, Wells Fargo, Wal-Mart and Monsanto make hundreds of millions of dollars from the business they do here but pay the lowest amount of taxes in the country.
A study done by the independent Anderson Economic Group showed Oregon ranks last in corporate taxes in the country. Here’s what ranking dead last in corporate taxes means:
- We’ve got the fourth lowest graduation rate in the country, the third largest class sizes, and one of the shortest school years.
- Thanks to layoffs, we also have 2,000 fewer teachers today than we did in 2008, even though enrollment has gone up.
- Health care costs have risen by more than 32% in the last decade, about twice as fast as the rate of inflation.
Oregonians deserve a solid education, affordable health care, and retiring in dignity shouldn’t be out of reach because of funding shortfalls.
Yes on Measure 97 will increase the minimum tax for the world’s largest corporations, meaning we can boost our graduation rates to the national average, make health care more affordable, and allow seniors to stay in their homes longer.