Naturally, when revenue slips below 2 percent or goes into negative territory, taxpayers and corporations don't have to make up the difference.
No, we just cut services, which in Oregon means cutting funding for education at all levels.
Ballot Measure 85 is simple: "Amends Constitution: Allocates corporate income/excise tax 'kicker' refund to additionally fund K through 12 public education."
Measure 85 doesn't touch the "kicker" paid to individual taxpayers.
Corporations have done well during the Great Recession. Nationally, they're hoarding cash in excess of a trillion dollars.
Oregon corporations don't even notice the "kicker" refund.
Here's a graph from an Oregonian story in the late 1990s: