Rep. Gomberg: Collect back taxes, reduce tax incentives to Shepherd’s Flat and make Wall Street cough up what they cost Oregon in the 2008 crash BEFORE we go after PERS and our own taxpayers!
Provided by Rep. Gomberg
(SALEM, OR)- In a House floor speech, Freshman Representative David Gomberg called for enhanced measures to collect revenue due to the State of Oregon. “Responsible taxpayers need to be confident that everyone is paying their fair share,” said Gomberg.
Over the past six weeks, senior members of both parties have debated cutting pensions or increasing taxes to balance the state budget. Gomberg asserted that “fair share” should be a third part of the discussion. He gave several examples.
The Department of Revenue reports over $600 million in delinquent accounts. This reflects people who have filed tax returns but have not sent payments. The amount approximates the difference between what has been proposed for education funding and what has been requested by school districts. The Department of Revenue reports that delinquent accounts, unfiled returns and unreported income total over $1.3 billion per year.
The State Treasurer has filed 12 lawsuits against Wall Street firms alleging that Oregon was defrauded of over $150 million in pension returns. That amount, with interest, approximates much of the amount proposed to be withdrawn from PERS.
The Department of Energy is re-examining $30 million in tax credits to the Shepherd’s Flat Wind Farm in Eastern Oregon and has consulted the Department of Justice. The New York based developer had subdivided in order to triple credit receipts. The amount approximates the amount requested for capital construction for the entire Oregon Community College system. Gomberg argued that large tax credits should be audited for goals and performance in the way state agencies are.
In a remonstrance unusual for a freshman legislator, Gomberg called for bi-partisan support of efforts to collect revenue due. “I am hesitant to underfund education, cut critical programs, reduce hard earned pensions or increase taxes for any Oregonians while there is still money on the table.”
David Gomberg represents the Central Oregon Coast and Coastal Range in House District 10. He is a small business owner, operating a wholesale kite business and kites stores in Lincoln City and Seaside.