Einstein, Insanity, and the Oregon Legislature

Chuck Sheketoff

"Insanity: doing the same thing over and over again and expecting different results."
Albert Einstein

In 1969 and again in 1997, Oregon chose to automatically connect to the federal definition of taxable income. Whenever Congress changes the definition of taxable income, that change automatically applies in Oregon. Each time, that automatic (or rolling) reconnect resulted in budget problems for Oregon.

Now the legislature has a chance to stop repeating the same thing hoping it will lead to a different result.

Read the one-page issue brief: Albert Einstein Would Oppose Rolling Reconnect: Why HB 2542-A Should be Amended

And while you are there, check out the tax cut for out-of-state investments and accounting gimmicks in HB 2542-A

By Chuck Sheketoff July 05, 2005