The legislative debate on whether to finance a rainy day fund by ending the corporate kicker, whether forever or just this year, is complex. Proponents of ending the kicker claim that economists of all stripes agree that the corporate kicker holds no economic benefit for the state.
Noted Oregon economist and Cascade Policy Institute academic advisor Randall Pozdena recently responded to one maker of that claim, Senator Ryan Deckert. Below, with his permission, is Dr. Pozdena’s email message:
From: Randall Pozdena
Sent: Tuesday, March 06, 2007 12:37 PM
To: Senator Ryan Deckert
Subject: Economists DO NOT AGREE about elimination of the corporate kicker.
Dear Senator Deckert: (more…)