Oregon Action in Red
Photo of OA Leaders with banner.



 

Oregon Action Calendar


 

 

 

 

 

© 2004, Oregon Action
Comments on Website?
E-Mail Webmaster

Last Updated February 25, 2007

 

Fair Taxation Campaign

Oregon Action continues Oregon Fair Share's long history of supporting progressive taxation — opposing regressive tax schemes such as the sales tax, while supporting adequate funding for society's needs with progressive taxes that are based on ability to pay.

Oregon Action opposed the Administration's economic stimulus plan because it was overloaded with tax cuts and tax refunds for America's large corporations and offered little to Oregon workers. In fact, since Oregon's unemployment rate is so high, Oregon's workers already had extended unemployment benefits. For Oregon workers, the stimulus package had no benefits, but plenty of breaks for the wealthy.

We supported a stimulus package that included subsidies to help cover the COBRA insurance benefits for laid off workers. This did not pass, but the combined effort of grassroots leaders across the country did put an end to the Republican stimulus plan that was purely a tax giveaway to the wealthy.

The Republicans attempted to completely eliminate the Alternative Minimum Tax - the tax that corporations who made a profit would pay if other tax write-offs and subsidies eliminated all their corporate income taxes. Even with the AMT, some corporations, such as Enron, paid no income tax. Enron, for example, paid no taxes from 1996 to 2000, even with the Alternative Minimum Tax. Beyond eliminating the AMT, Republicans intended to refund all taxes paid in since 1986 -- the chart below lists the amount certain corporations would receive under their plan.

To illustrate the skewed priorities in the stimulus package, OA activists dressed up in business suits and panhandled the unemployment line at the North Portland unemployment office. Shaking our cans, we asked, "Brother, can you spare a billion?" and "Alms for the Rich!" Needless to say, the folks in the unemployment line saw the ridiculousness of the Administration's proposal and pledged to call Senators Smith and Wyden to demand that the House Republican plan be defeated.

This action was such fun that folks in Missouri, North Carolina and other states used our placards and materials to do the same thing around the country. Below are some highlights from our research. At the action, folks work placards identifying them as a specific CEO, listing their salary, how many people they laid off and how much the Republicans were trying to give them in tax refunds.

Thanks to our work and that of people across the country, the House Stimulus package was defeated and unemployment benefits were extended in a separate bill, not loaded down with giveaways for the wealthy.

Company

Layoffs in 2001

Total Contributions 1991-200

Alternative Minimum Tax Rebate from House/Senate GOP Stimulus in millions

CEO

Total CEO Compensation

AMR (American Airlines) 20,000 4,616,047 184 Donald Carty 6,114,000
ChevronTexaco 5,000 6,984,355 572 David O'Reilly 3,339,000
CMS Energy   1,178,338 136 William McCormick Jr 2,052,000
Comdisco 578 96,200 144 Nicholas K Pontikes 707,000
DaimlerChrysler 27,120 2,990,846 600 Dieter Zetsche
NA
Enron 11,250 5,691,893 254 Jeffrey Skilling 8,449,000
Enron       Stanley C Horton 3,047,000
Ford Motor Co. 5,330 3,439,505 1,000 Jacques Nasser 15,957,000
General Electric 36,714 6,213,841 671 John Welch Jr 76,425,000
General Electric       James P Campbell
NA
General Motors 2,000 4,576,723 833 G Richard Wagoner Jr 8,005,000
IBM 1,045 909,429 1,424 Louis Gerstner Jr 103,410,000
IMC Global 330 546,781 155 Douglas A Pertz 1,907,000
Kmart 663 1,430,009 102 Charles Conaway 9,935,000
Phillips Petroleum 200 1,398,541 241 James Mulva 9,161,000
TXU (Texas Utilities Company)   1,803,219 608 Erle Nye 1,948,000
UAL (United Airlines) 20,000 2,864,588 371 James Goodwin 2,809,000
Westvaco 695 942,625 112 John Luke Jr 1,672,000
Total 130,925 45,682,940 7,407   254,937,000

Cost of the War in Iraq
(JavaScript Error)
To see more details, click here.