A lesson on Oregon's business climate [Yahoo! Finance]
Intel Corporation (INTC)
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Source: Yahoo! Finance
Oregon's business climate is once again on the minds of business leaders in the state, as evidenced by a recent opinion piece in The Oregonian/OregonLive by Karla S. Chambers, co-founder and co-owner of Stahlbush Island Farms . The complaints about Oregon's business climate focus on taxes (they claim they are too high) and regulations (they claim they are over-regulated). The business community in this country did not always equate perceived high taxes as bad for the business climate. In March 1950, The Oregonian had a top of the front page article titled “Here's a Happy U.S. Taxpayer” about the nation's alleged highest-paid executive being happy that he pays a 92% federal income tax. More recently and speaking to the issue of the business climate, in 1990 Fortune magazine noted that its choice for the second best city for business earned that spot in large part because it had high taxes and well-funded public services that the high taxes make possible. “Painfully high corporate
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