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Oregon economists estimate taxpayers could see a nearly $1 billion kicker in 2026 — up from an earlier forecast of $582 million — based on the September revenue forecast presented to state ...
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. [1]
The economists told lawmakers Wednesday that the economic forecast is relatively unchanged, but revenues are estimated to end 2.5% above expectations. Oregon on the cusp of generating another ...
If you hear the term "Oregon kicker" this week, chances are it has nothing to do with college football players kicking field goals. Instead, it's likely in reference to the state's tax surplus ...
This is a table of the total federal tax revenue by state, federal district, and territory collected by the U.S. Internal Revenue Service. Gross Collections indicates the total federal tax revenue collected by the IRS from each U.S. state, the District of Columbia, and Puerto Rico.
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.
Much of the money spent to promote these anti-tax measures were provided by out-of-state backers including Americans for Tax Reform headed by Grover Norquist. [1] Tim Knopp, a Republican lawmaker from Bend, was the main author of the “kicker” tax rebate and the later successful effort to place it in the Oregon Constitution. He is the former ...
In light of relentless inflation that has been exacting a toll on every aspect of life, there is some relatively good news for taxpayers. The Internal Revenue Service (IRS) recently announced the ...