Even excluding the payment of the kicker credit, General Fund revenues were expected to be relatively unchanged when compared to the previous biennium. The revenue boom seen during tax year 2021 is unlikely to be repeated, with collections expected to revert back to their long-term trends. Tradit...
Oregon has a graduated individual tax which ranges from 4.75%-9.90%. There is no state sales tax in Oregon. The constitution includes a “kicker” that caps tax revenue limits. When the total tax revenue exceeds the limit by more than two percent, the excess must be returned to taxpayers....
Unfortunately standard demographic and population data lags considerably. If you want to talk migration details we are still primarily working with 2020 IRS tax return data, and 2021 ACS estimates from Census. We know 2022 total population estimates, but none of the details. And yet we – a co...
2024 Historic Oregon Kicker 44.28%! December 12, 2023 https://www.opb.org/article/2023/08/30/oregon-tax-refund-state-economy-revenue/ Read More Paid Leave Oregon- Coming 2023!! December 12, 2023 Paid Leave Oregon is a new program that ensures individuals, employers, and families — of eve...
After he left City Hall in 2021, King became the national director of training forCon10gency, a law enforcement consulting firm with offices in Beaverton and Selma, Texas. He also served on the board of advisers to TrustLab, a firm that lost a $200,000 contract to d...
Oregon is one of six states with a revenue limit.[215] The "kicker law" stipulates that when income tax collections exceed state economists' estimates by two percent or more, any excess must be returned to taxpayers.[216] Since the enactment of the law in 1979, refunds have been issued ...