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The Oregon tax rebate, commonly referred to as the kicker, is a rebate calculated for both individual and corporate taxpayers in the U.S. state of Oregon when a revenue surplus exists. The Oregon Constitution mandates that the rebate be issued when the calculated revenue for a given biennium exceeds the forecast revenue by at least two percent ...
If you make $35,000 in 2023 and win $100,000 in the lottery, your marginal tax rate jumps two tax brackets from 12% to 24%. We won’t get into specific numbers as we are not tax advisors, but you ...
The allocation of lottery profits is determined by Oregon voters, who approve the broad categories that may receive Oregon Lottery funds. [5] Constitutional amendments have allowed using lottery funds for economic development (Oregon Ballot Measure 4 in 1984), public education (Oregon Ballot Measure 21 in May 1995) and natural resource programs (Oregon Ballot Measure 66 in 1998). [5]
A lucky ticket-buyer in Oregon has won a $1.3 billion Powerball jackpot, which was the eighth-largest lottery prize in U.S. history. Federal and state taxes would cut into the haul significantly ...
A person with a ticket matching all six Powerball numbers in Saturday’s $1.3 billion jackpot came forward Monday to claim the prize, Oregon officials said. The lottery ticket was purchased at a ...
Oregon Ballot Measure 118, the Corporate Tax Revenue Rebate for Residents Initiative, was a proposed Oregon state initiative that was decided by voters as part of the 2024 Oregon elections on November 5, 2024.
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Oregon Ballot Measure 62 (2008) (formerly IRR 41) appeared on the November 4, 2008 general election ballot in Oregon. It was an initiated constitutional amendment dealing with the issue of where a percentage of profit from the Oregon State Lottery should go. The initiative, if it had passed, would have required that 15% of net lottery proceeds ...