Oregon activist pair plan measure to end 'corporate kicker tax' (AP)

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The Associated Press

SALEM, Ore. (AP) — A pair of Oregon political activists say they're planning a ballot measure initiative to end the corporate "kicker tax" rebate.

Sal Peralta and Travis Diskin say their initiative would not tamper with individual personal tax kickers. But they argue the bulk of the corporate kicker rebates get sent to out-of-state companies, and that money should be spent in Oregon instead.

Lawmakers and Gov. Ted Kulongoski talked about eliminating corporate kickers in the 2007 legislative session before striking a deal to put $319 million of corporate kicker money into the new Oregon Rainy Day Fund.

Voters may not have to decide on the new initiative until 2010, because Peralta and Diskin say it's too late to gather enough signatures to get a statewide measure on the 2008 ballot.

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Information from: Statesman Journal, http://www.statesmanjournal.com