Guest Opinion: State revenue opinion missed some facts

In response to the article written about a potential $200 million to $300 million shortfall in Oregon state revenue in this biennium, I would have to say “hold on there.”

The statement is based on an opinion from the state’s Legislative Revenue Office and Chris Allanach, the acting revenue officer.

In a presentation last month, the Legislative Revenue Office presented an analysis of the Tax Cuts and Jobs Act of 2017. The presentation through graphs and charts showed what they see as a revenue decrease for the state in the early years; however, there is an increase in later years.

Source: Guest Opinion: State revenue opinion missed some facts – Opinion – – Medford, OR