Tag Archives: Kicker

Oregon’s Revenue Picture Improves, Fueling Heightened Expectations For 2020 Legislative Session

Oregon’s budget picture keeps looking up, as lawmakers debate a host of expensive priorities during the legislative session. Under a quarterly revenue forecast delivered by state economists Wednesday morning, the state is now expected to top $25 billion in the general fund and lottery revenue during the current budget biennium, which stretches from July 2019 to […]
Read More »

2020 Triggers Blue State Tax Cuts, As Colorado Shows How To Insulate A State From Higher Taxes And Unsustainable Spending

Colorado provides a model North Carolina, Texas, Arizona, & other states drawing newcomers. Despite a decades-long influx of progressives to Colorado from California and other states, the Taxpayer’s Bill of Rights has prevented Colorado’s tax code from becoming overly burdensome or uncompetitive. Another blue state with a Democrat-run state government whose residents are set to […]
Read More »

State says that kicker refunds will be larger than first anticipated

Oregon Office of Economic Analysis says the kicker will grow to $1.6 billion this year. Oregon taxpayers will receive even more in the form of a kicker next year, a state agency announced last week. Source: Pamplin Media Group – State says that kicker refunds will be larger than first anticipated

State revises kicker: You might be getting a bigger tax credit

The state of Oregon’s kicker rebate will be higher than earlier estimates. According to the Oregon Department of Revenue, the tax surplus has been adjusted from $1.5 billion to $1.6 billion. That means more money will be going back to taxpayers. It’ll be credited on your 2019 state income tax returns that you file in […]
Read More »

Tax surplus kickers will be refunded with tax credits

You’re getting a tax surplus kicker but it’s showing up in your taxes, not your mailbox. A $1.5 billion tax surplus confirmed earlier this month by the Office of Economic Analysis triggered a tax surplus credit, or kicker, for the 2018 tax year. The surplus will be returned to taxpayers through a credit on their […]
Read More »

Oregon officials confirm ‘kicker’ rebate on 2019 tax returns

Many Oregonians will receive an extra credit on their taxes this year due to the tax surplus last year. Source: Oregon officials confirm ‘kicker’ rebate on 2019 tax returns

Opinion: Take pride in Oregon’s kicker law

As a legislative member of the House Interim Committee on Revenue, I heard firsthand the most recent report of glowing economic news from Oregon’s state economists. Consumer spending ­ roughly two-thirds of the economy – remains strong, job prospects are still good and overall wages continue to climb. Source: Opinion: Take pride in Oregon’s kicker […]
Read More »

Editorial: No kicker tricks this time, lawmakers

O regon’s tax kicker will be a record-breaker next year. The state’s latest — and last, for the 2017-19 biennium — revenue forecast shows the state will be required to send $1.6 billion back to the taxpayers. The kicker law, which is part of the state constitution, is unique to Oregon. Source: Editorial: No kicker […]
Read More »

Editorial: State officials see clouds gathering over state economy

You probably caught the headline this week from Oregon’s state economists, who reported Wednesday that taxpayers are in line to collect nearly $1.6 billion in tax rebates next year, thanks to the state’s oddball “kicker” policy. Source: Editorial: State officials see clouds gathering over state economy

Editorial: State officials see clouds gathering over state economy

You probably caught the headline this week from Oregon’s state economists, who reported Wednesday that taxpayers are in line to collect nearly $1.6 billion in tax rebates next year, thanks to the state’s oddball “kicker” policy. As it now stands, the economists reported in their quarterly forecast of state revenue, when Oregon taxpayers file at […]
Read More »