corporate taxes

Intel paid no federal income taxes. It wasn’t the only big corporation with a small tax bill

Less than zero. That was Intel’s federal tax bill in 2022. Not only did Intel pay no federal income taxes that year, the company even recorded a $249 million tax credit reducing future tax payments, according to the Portland Business Journal. And if Intel paid no federal income taxes, it raises the question, how much did […]

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Any new Oregon R&D tax credit should cut out corporations splurging on stock buybacks

[This op-ed was first published in The Capital Chronicle.] Imagine you have a wealthy cousin who comes asking for money. He brags about how much he spends on lavish parties, yet he begs for cash to fix up his house. “You gotta be kidding me,” you’d probably say. That’s also what the Oregon Legislature’s response should

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Industry research and development spending in Oregon has strengthened without a tax credit

Following the expiration of its research and development (R&D) tax credit, businesses in Oregon have spent more on research and development than their counterparts in nearly all states — adding further evidence that reinstating the R&D tax credit would be a waste of public resources. In 2017, the Oregon legislature chose not to renew the

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6 missed opportunities in the 2019 legislative session

By all accounts, the 2019 Oregon legislative session was historic. Even before the second walkout by Senate Republicans ground deliberations to a halt, the legislature had already enacted the largest investment in education in memory and tenant protections legislation. The last two days of the session that followed the end of the walkout produced a flurry of

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