I believe our Legislature can see that there’s a common grievance among many Oregonians that they can address—the days of zip codes, identities, and backgrounds determining economic outcomes must end.
The statement "enhancing resources targeted to spur innovation and research & development" sounds like pablum to mask another tired, debunked strategy - R&D tax credits. See https://www.ocpp.org/2015/04/13/blog20150413corporation-tektronix-truth-subsidy/ . Yes, "When making these investments, however, we must always ask, 'Who will benefit?'," and we also have to ask if there's really any reason to believe cause and effect claimed by the measures' promoters. Allocation of resources need to pass a "but for" test - but for this investment x behavior would not happen. The business community has long ignored that. See, for example, https://www.blueoregon.com/2011/03/capital-gains-guru-goes-missing/
I have neutral views on R&D Tax Credit, but was more thinking of enhanced investments in our research universities and other public/private research entities such as the Oregon Manufacturing Innovation Center or Food Innovation Center. Regardless centering on "who benefits" remains critical.
The statement "enhancing resources targeted to spur innovation and research & development" sounds like pablum to mask another tired, debunked strategy - R&D tax credits. See https://www.ocpp.org/2015/04/13/blog20150413corporation-tektronix-truth-subsidy/ . Yes, "When making these investments, however, we must always ask, 'Who will benefit?'," and we also have to ask if there's really any reason to believe cause and effect claimed by the measures' promoters. Allocation of resources need to pass a "but for" test - but for this investment x behavior would not happen. The business community has long ignored that. See, for example, https://www.blueoregon.com/2011/03/capital-gains-guru-goes-missing/
I have neutral views on R&D Tax Credit, but was more thinking of enhanced investments in our research universities and other public/private research entities such as the Oregon Manufacturing Innovation Center or Food Innovation Center. Regardless centering on "who benefits" remains critical.