Update: December 7, 2011

Major Corporations, Including Intel, Pay No State Income Taxes

Many of the nation's Fortune 500 companies -- including Intel, Oregon's largest private employer -- have paid little or no state income taxes in recent years despite reporting large profits to their shareholders, according to a report released by the Institute on Taxation and Economic Policy (ITEP) and Citizens for Tax Justice (CTJ).

The report, which examined corporate filings with the U.S. Securities and Exchange Commission (SEC), calculated the sum of all state income taxes paid by 265 Fortune 500 companies that were profitable each of the three years studied, 2008 through 2010. Data on file with the SEC did not allow ITEP and CTJ to determine the amounts paid in taxes to particular states.

"The report confirms the need for state corporate disclosure laws," said Chuck Sheketoff, executive director of the Oregon Center for Public Policy. "Oregonians have a right to know which large corporations are using accounting gimmicks, special laws and tax loopholes to avoid paying income taxes on their profits."

Read more: Major Corporations, Including Intel, Pay No State Income Taxes.

Meet Joan, OCPP's New Administrative Assistant

We are pleased to announce that Joan Lockwood has joined OCPP's staff as an administrative assistant.

Joan has been a labor activist for many years, starting as a clerical worker at Cornell University. She has served as newsletter editor and photographer for several labor publications, and has been a union steward and bargaining team member in several work sites. She studied Labor and Industrial Relations at Michigan State University and Cultural Journalism through Salt Magazine/University of Maine. Most recently, Joan was web master for SEIU Local 503 in Salem.

Farewell, Lee

It is with sadness that OCPP says goodbye to Lee Mercer, who worked with us as outreach and education director for the past four years. Lee worked tirelessly to create opportunity for all Oregonians.

We thank you and we will miss you, Lee.