State of Oregon Archives: on Technology

Ron Wyden: Limit taxes on Internet-based companies

The economy dominated the bulk of the debate, as the panelists asked a number of questions about the Wall Street bank and auto company bailouts at the beginning of the Great Recession.

Wyden voted against the Wall Street bailout and said he favors the federal government ending tax breaks to companies that ship jobs overseas. He also supports limiting taxes on Internet-based companies.

Huffman argued that these proposals are too small when the country faces double-digit unemployment and a terribly slow recovery. He said Wyden's great mistake was voting for the stimulus bill because those funds will never be returned to taxpayers.

At one point, Wyden was shown a television ad he supported that claimed Huffman defended the Wall Street bailout and believes in privatizing Social Security. When asked to comment on the negative ad, Wyden said it was the exception and not the rule of his campaign to run such an ad.

Huffman said the ad was full of lies and half-truths.

Source: Mail Tribune coverage of 2010 Oregon Senate debate Oct 22, 2010

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