I agree that it is a big change. I don't agree that the effects on Oregon's economy will be "devastating." Quite the opposite, especially if we measure the "economy" in the broadest sense.  And I wouldn't describe this as a transfer of money from coffers to coffers. All of this money will be spent in Oregon. The less-than-one percent of registered companies that will be affected are mostly out-of-state corporations. I don't think that they are currently sending their profits back to Oregon to educate our children or care for our sick and elderly.