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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 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 ...
January 21: The death toll from the ongoing winter storms in the United States increases to 89, with most of the deaths reported in Oregon and Tennessee. [4] January 31: The Governor of Oregon Tina Kotek declares a 90-day state of emergency in Portland in response to record deaths from fentanyl. [5]
Sen. Elizabeth Steiner, D-Portland, had a five-point lead on Sen. Brian Boquist, R-Dallas, in polling on the Oregon treasurer's race.Economics professor Mary King of the the Working Families Party ...
Business Insider is seeking nominations for its 2024 Oracles of Wall Street list. The list highlights top forecasters in finance and economics who made accurate market predictions. Nominations are ...
Oregon State and Washington State announced Thursday they have reached an agreement in principle with 10 departing Pac-12 schools on revenue distribution for 2023-24 that ends a legal battle ...
[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]
The Oregon tax revolt is a political movement in Oregon which advocates for lower taxes. This movement is part of a larger anti-tax movement in the western United States which began with the enactment of Proposition 13 in California .