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As profits surge, Oregon should require more tax transparency by corporations – Oregon Capital Chronicle

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As profits surge, Oregon should require more tax transparency by corporations – Oregon Capital Chronicle


Why is it that you’re having to pay extra for meals and different items on the checkout counter? A part of the explanation might be as a result of, within the phrases of the CEO of the nation’s second-largest grocery chain, “a little bit little bit of inflation is at all times good in our enterprise.”

There’s good purpose to imagine giant firms are utilizing the quilt of inflation to additional jack up costs and pad their income. Shining the sunshine on company profiteering is one among a number of the reason why Oregon ought to require giant firms to make public sure tax and monetary data.

There’s little doubt that inflation is one more symptom of the Covid pandemic. The pandemic disrupted world provide chains, decreasing the quantity of products out there. It additionally pressured Individuals to remain house throughout the lockdowns, leaving some households with extra disposable earnings.

Consequently, costs have risen sooner than at any time over the previous 4 many years, making life even more durable for the lowest-paid Oregonians.

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However that’s not the entire story.

Huge income

There’s sturdy proof that enormous firms are profiting from provide chain disruptions to juice income. In response to the Bureau of Financial Evaluation, company income are increased at the moment than at any level because the late Forties. The Guardian discovered that among the many 100 largest U.S. firms, the median enhance in income was almost 50% over the past two years. In Amazon’s case, income greater than tripled.

Then there are the admissions by company leaders themselves. Company CEOs – the identical who seize hundreds of thousands in compensation packages – have been bragging to their shareholders about their potential to cross on prices to customers.

In a current earnings name to shareholders, executives at Kroger – which owns Fred Meyer, QFC, and plenty of different grocery shops nationwide – mentioned, “We’ve been very comfy with our potential to cross on the will increase.” In the meantime, the corporate rewarded shareholders with greater than $1.5 billion in inventory buybacks and dividends throughout the pandemic.

Executives at Tyson Meals, one of many nation’s largest suppliers of meat, had been much more direct, telling buyers, “We’re not asking clients or the patron finally to pay for our inefficiencies. We’re asking them to pay for inflation.”

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The blame for giant enterprise’s potential to profiteer on this means could be laid on the toes of many years of deregulation and market consolidation. Policymakers have seemed the opposite means as firms consolidate market energy. So when the pandemic disrupted world provide chains, giant firms had been properly positioned to take advantage of the second.

Exposing profiteering

No doubt, the issue of company profiteering requires federal motion. Hopefully, it’ll add urgency to the necessity to strengthen anti-trust legal guidelines. It additionally appears applicable to enact a surtax on giant firms to remove the positive factors from profiteering.

Oregon might not be capable to, by itself, stamp out company profiteering, however it might probably play a task in exposing it. Oregon ought to shine a lightweight on company habits by enacting company tax transparency.

Company tax transparency would require giant, publicly traded firms to make sure state tax and monetary data public. The principle function of company tax transparency is to shine a lightweight on how firms keep away from paying taxes, giving lawmakers and the general public data wanted to make Oregon’s company tax system extra accountable and truthful.

Nevertheless it may be useful in the case of company profiteering. For one, it may present extra information on whether or not and to what extent firms interact in profiteering. This might permit state lawmakers to place in place insurance policies to discourage the observe, similar to a state-level company earnings tax surcharge. Or it would immediate lawmakers to tug the plug on sure company tax breaks.

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Simply figuring out their funds could be extra public would possibly deter firms from making an attempt to stay it to their clients.
They are saying that sunshine is a superb disinfectant. Company tax transparency is the sort of disinfectant which will treatment a couple of unwell.



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Oregon

Oregon climate assessment highlights need for wildfire preparedness

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Oregon climate assessment highlights need for wildfire preparedness


PORTLAND Ore. (KPTV) – An Oregon Climate Assessment released Wednesday, highlights the need for more wildfire preparedness, how the state’s weather is impacted by rising temperatures, and advises policymakers on steps to take.

The assessment, released by the Oregon Climate Change Research Institute at Oregon State University could serve as a major blueprint for preventing or mitigating wildfire damage in the Pacific Northwest, like those currently burning in Los Angeles.

“The hazards are real, regardless of what people think of some of the reasons why our climate is changing,” said Erica Fleishman, OCCRI Director. “We’re seeing differences in weather and climate, and it’s important to be thinking of ways to protect themselves, and the people, places, and values they have.

The Seventh iteration of the report, which is 300 pages long and meant to inform policymakers and the public alike, indicates the state has increased its average temperature by 2.2 degrees Fahrenheit in the past century and will exceed five degrees by 2074.

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In addition, the region has received below-average precipitation for 18 of the past 24 water years. These two facts combined show a reason for caution in future years and the need for preventative action to be taken based on the difficulty of fighting wildfires in both Oregon and California.

SEE ALSO:

The Oregon State Fire Marshal is sending 12 strike teams to southern California to help battle wind-driven wildfires burning in the Los Angeles area.

“One can’t prevent those fires but can impact lives and structures from being lost,” Fleishman said. “A lot of things can be done to harden structures, homes, businesses. We’ve seen some difficulty and confusion with single evacuation zones and mobility challenges of loved ones and neighbors.”

In many areas across the Portland Metro area, homes are densely constructed close to vegetation, and these recent wildfires have many paying attention to what they can do big or small to keep their communities safe.

“I know there are stark climate differences between Southern California and Northern Oregon but it’s definitely a concern because of how much worse it’s been getting throughout the years,” one resident said. “Really just being mindful in any wooded area such as this.”

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“Knowledge of the biological, physical, and social impacts of climate change better informs society’s decisions about how to respond,” Fleishman added.

The state has made the 300-page assessment viewable to the public.



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Oregon State Football Hires New RB Coach

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Oregon State Football Hires New RB Coach


A rising star is orbiting the Valley Football Center.

According to multiple outlets, the Beavers are set to hire Buffalo running backs coach Ray Pickering to their coaching staff, filling the vacant running backs coach role left by new Idaho head coach Thomas Ford Jr.

Pickering coached one season at Buffalo, developing an all-MAC conference selection Al-Jay Henderson, who led the conference in rushing with over 1,000 yards.

Prior to his 2024 campaign in Buffalo, Pickering spent the 2023 season as the offensive coordinator at D1 FCS Norfolk State (VA), and the 2022 season as an analyst and recruiter at Texas for Steve Sarkisian.

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Coach Pickering is widely respected by his peers, earning a place on the AFCA’s 35 Under 35, and FootballScoop.com’s Minority Rising Stars List.

It is not known at this time if Pickering will also fill Ford Jr’s recruiting responsibilities, or if another coach on the staff will fill that role.

More Reading Material From Oregon State Beavers On SI

RECRUITING: Oregon State Announces Full List of 2025 Transfers

TRANSFER PORTAL: Miami Tight End Riley Williams Commits To Oregon State

PREVIEW: Oregon State Men’s Basketball at Santa Clara

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A tale of patience and a bribe: Oregon State’s Parsa Fallah fulfills his basketball dream

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A tale of patience and a bribe: Oregon State’s Parsa Fallah fulfills his basketball dream


CORVALLIS — Parsa Fallah can make it look so easy at times on the basketball floor.

Oregon State’s junior forward has turned more than a few defenders into a pretzel with an arsenal of post moves early this men’s basketball season. The 6-foot-9 Fallah is the third-leading scorer at 10.8 points a game for the 12-4 Beavers as they head into West Coast Conference road contests this week at Santa Clara and Pacific.

Yet it was anything but simple for one of Iran’s best young players to fulfill a dream to play basketball in the United States. It was a road that included paying an alleged $300 bribe to an airport security guard and living in various lodging venues in Senegal, Africa for six months.

When former Southern Utah coach Todd Simon identified Fallah as a player he’d like to add to his program, he acknowledged getting a player from Iran to the U.S. “would be a little bit of a process.”

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The process as Fallah understood meant traveling to the U.S. Embassy in Senegal, Africa, as Iran doesn’t have an embassy. Once there, Fallah was told it would take a few days to secure a U.S. visa to travel to Utah. There, Fallah would begin college and play for the Thunderbirds during the 2021-22 season.

Days became weeks, and weeks became months.

“Every day I was like, should I go back home, or should I stay? I’m not sure if I’m going to get the visa. I don’t want to disappoint my family. My dad was like, just come home. No one will care. But as I’ve said, it’s a dream to come (to the U.S.) and play basketball. I’ll deal with it.”

Fallah grew up in Amol, a city in northern Iran with a metro population of about 400,000. Fallah describes it as city where people go to vacation “because it’s so green, and it has a beach.”

Fallah, who prefers to be known as Persian, is often asked about living in a war-torn country. He says it’s anything but that. Fallah said he’s never seen fighting anywhere near his city. The first time he saw a gun was in the U.S.

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“It’s really safe. I was so confused when people would think and say stuff like that. It’s a really safe for us and people who are living there,” he said.

Fallah adds that after living for a few years in the U.S., he gets the thought process.

“I feel like the news is just telling you some part of the truth. It’s not just your country here. It’s my country, too,” Fallah said.

If it was a sport, Fallah wanted to try during his youth. Fallah dabbled in power lifting, and played volleyball and of course, soccer, as do most kids from his country. Fallah said it was easy. Kids would drop a pair of shoes down as goal posts in a field and play all day. His father Ezzat is a youth soccer coach.

A basketball coach spotted Fallah one day playing soccer and suggested he try his sport. Fallah didn’t like it at first, but at his father’s urging, stuck with it.

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Turns out it can be a good sport for someone who grew to be 6-9. Fallah evolved into one of the country’s top young players, as he played key roles for Iran at FIBA U-19 and U-20 tournaments.

There’s only so much future for a basketball player in Iran, however. Fallah said basketball ranks no higher than fifth or sixth among sports in his country.

“It’s kind of a boujee sport back home,” Fallah said. “It’s like golf and tennis here. Rich people play that stuff.”

It was 2019 when Fallah arrived on Simon’s radar. In 2021, Fallah decided to make the move from Iran to Southern Utah. He packed a suitcase, put $500 in his pocket, hugged his parents goodbye and left for Senegal, where at the airport Fallah met his first hurdle.

The security officer told Fallah he needed a visa to enter the country. It was Fallah’s understanding that as an Iranian citizen, he didn’t need a visa. The two argued. Eventually, Fallah paid the man $300 to enter the country.

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“He kind of blackmailed me,” Fallah said.

Fallah recalls arriving in Senegal on a Sunday, as he had a Monday appointment regarding his U.S. visa. Then he was told to wait for a call or email. Days went by. Weeks, even. Fallah stayed in a barebones hotel, each day checking his email to see if this was the day he’d get visa appointment.

Fallah had friends in the basketball community who helped him out financially, so he had a place to stay and eat.

Fallah recalls times when he felt scared and alone. But his dream was to play basketball in the United States. Even when he was mentally challenged, like one morning when he woke up and saw a giant spider crawling on the wall next to his bed. Simon, now coach at Bowling Green, said he and his coaches regularly checked on Fallah to make sure he was safe and fed.

One day, to Fallah’s surprise, he opened up his email and discovered he had been approved for a visa.

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“Just the best day of my life,” Fallah said.

Fallah flew to Las Vegas, where he met Simon. They drove 2½ hours to Cedar City, Utah, where Southern Utah is located. As much as Fallah liked what he saw, the weird thing was eating.

“I remember my first meal. Coach bought me Chick-Fil-A. I couldn’t eat. I’m not sure if it was because I was stressed out, or nervous, but I couldn’t eat for two or three days,” Fallah said.

Fallah’s appetite quickly returned, but basketball, not so much. Because it took six months to get to Utah, the Thunderbirds’ 2021-22 season had about six weeks remaining. Fallah was nowhere near college basketball playing shape. He used 21-22 as a redshirt season.

Fallah came off Southern Utah’s bench during the 2022-23 season. It was five games into the campaign, during a game at Kansas, that Simon thought he had something.

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“He comes off the bench, and had eight (points) and eight (rebounds) in 13 minutes,” Simon said. “Right then we knew, OK, he’s not afraid of anything. He was the best big on the floor in that game. We knew he was going to be special.”

The following year, Fallah started every game, averaging 13.2 points and 6.0 rebounds a game. Late in the 23-24 season, Fallah began to think about transferring. He loved Southern Utah and the coaching staff. It’s where he met his wife, Ellie.

“I was really sad to leave there. But I need to do the sacrifice to go somewhere bigger,” Fallah said.

Turns out, Oregon State was that somewhere bigger. Earlier in the season, Beavers coach Wayne Tinkle was scouting a Southern Utah opponent on video when he noticed Fallah. Tinkle told then-OSU assistant Eric Reveno, if Fallah goes in the portal, we need to get him.

Of the seven transfers to sign with Oregon State last spring, Fallah was the first one. He was ready for a “bigger” experience; Fallah has started each of OSU’s 16 games this season, scoring double figures nine times, with back-to-back 25-point games in December.

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One entertaining aspect of Fallah’s game are his post moves. Fallah is difficult to defend near the basket one-on-one because of the complexity of moves he’ll put on his man. Simon said when he coached Fallah at Southern Utah, they’d tried to get him to shoot three-pointers.

“I think there’s a future in that for him, but when you’re shooting 65 percent from two or whatever he’s at right now…it’s hard to argue with him leaving the paint,” Simon said.

Fallah thinks his childhood activity paid off.

“I was one of those tall people that could really move my feet, and I also had a really good touch,” Fallah said. “It might be because I tried a lot of new sports. Soccer and volleyball helped me a lot.”

Fallah is unsure of the future beyond Oregon State. He’d like to take a run at the 2028 Olympics, playing for Iran. Fallah would like to remain in U.S. after college, but his family is a factor.

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“I need to bring my family here. Family is really big for me, my little brother, my parents,” Fallah said. “I would love to stay here. I really love America. It’s like my second home.”

–Nick Daschel can be reached at 360-607-4824, ndaschel@oregonian.com or @nickdaschel.

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