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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 ...
[61] [better source needed] As a result, the state relies on property and income taxes for its revenue. Oregon has the fifth highest personal income tax in the nation. According to the U.S. Census Bureau, Oregon ranked 41st out of the 50 states in taxes per capita in 2005 with an average amount paid of 1,791.45. [62]
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. [1] [2]
The Oregon Center for Public Policy (OCPP) is an American economic research organization that conducts research and analysis of budget, tax, and economics issues to support policies that improve opportunities for all Oregonians. It supplies lawmakers with information "on issues affecting low- and moderate-income Oregonians".
The Oregon Department of Revenue is the principal tax collection agency in the U.S. state of Oregon.It is charged with administering the state's tax laws and collection of state taxes including personal and corporate income and excise taxes; gift and inheritance taxes; and tobacco taxes and those imposed by more than thirty other tax programs.
On July 21, 2023, the OMB delineated four combined statistical areas, eight metropolitan statistical areas, and 12 micropolitan statistical areas in Oregon. [1] As of 2023, the largest of these is the Portland-Vancouver-Salem, OR-WA CSA , anchored by Oregon's largest city, Portland and including its capital, Salem .
The government of the U.S. state of Oregon, as prescribed by the Oregon Constitution, is composed of three government branches: the executive, the legislative, and the judicial. These branches operate in a manner similar to that of the federal government of the United States .
Oregon became the 33rd state of the U.S. on February 14, 1859. Today, with 4.2 million people over 98,000 square miles (250,000 km 2), Oregon is the ninth largest and 27th most populous U.S. state. The capital, Salem, is the third-most populous city in Oregon, with 175,535 residents. [9] Portland, with 652,503, ranks as the 26th among U.S. cities.