r&d credit

A state research and development tax credit would be wasteful and counterproductive

[This commentary first appeared in The Oregonian.] We all want Oregon to prosper. We all want our state to be the home of innovation. To achieve that, public policies must be based on facts. A recent opinion in The Oregonian/OregonLive (“Oregon must step up its game to boost state’s competitiveness,” March 12) disregards the facts when calling on […]

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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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