Opponents of Measure 97 would like you to believe they represent small Oregon businesses, but their campaign disclosures tell a different tale. Today our opposition confirmed for us what we’ve known all along: The real opponents of Measure 97 are large and out-of-state corporations. And these corporations have committed to spending tens of millions of dollars in an attempt to trick Oregon voters into believing they don’t need to pay their fair share in taxes.
The big corporations that oppose Measure 97 announced yesterday that they’ve raised $5.3 million. ¹ Their largest contributors are a who’s who of out-of-state corporations that want to continue avoiding paying their fair share in taxes. Here are some of the biggest:
- Comcast: $165,000
- Standard Insurance: $145,000
- Berkshire Hathaway Energy: $145,000
- The P&G Company (Procter & Gamble): $100,000
- Weyerhaeuser Company: $75,000
- Walmart: $50,000
- Wells Fargo: $50,000
- U.S. Bank: $50,000
Measure 97 was designed to target large and out-of-state corporations, and it clearly hit the mark. The overwhelming majority of the money raised from Measure 97 — 82% — will come from large and out-of-state corporations just like those spending millions to defeat us. Large corporations only write checks like these when they know they need to distort the truth in order to garner support. And that’s exactly what we expect — millions of dollars in corporate contributions spent to hide the fact that large and out-of-state corporations pay almost nothing in Oregon income taxes. (Get ready, their ads and mailers are coming to you soon!)
We know that A Better Oregon is only possible when we invest in the education, health care, and senior services that benefit everyone in the state. Oregon ranks lowest in the nation when it comes to corporate taxes, and the big corporations spending to defeat Measure 97 want to keep it that way. We can’t let them.
¹ Our Oregon analysis of ORESTAR, Campaign Finance Search