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[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]
Overall, in the calendar year 2024, the United States' Nominal GDP at Current Prices totaled at $29.017 trillion, as compared to $25.744 trillion in 2022. The three U.S. states with the highest GDPs were California ($4.080 trillion), Texas ($2.695 trillion), and New York ($2.284 trillion).
That would be the fastest revenue growth since 2022. Additionally, the estimated net profit margin for the index is 13% in 2025, up from 12% in 2024. ... the median forecast was 16% too low in ...
The percentage of renewable generation will rise from 22% in 2023 to 23% in 2024 and 25% in 2025, while nuclear power's share will hold at 19% in 2024 and 2025, the same as 2023, according to the ...
December 10, 2024 at 2:51 PM ... According to a new report from ERFC, gas tax revenue forecast decreased by $185 million for the 2023-2025 biennium compared what was forecasted in February. At the ...
2022; 2021; 2024 in Oregon: ... 2024 Oregon Democratic presidential primary [9] November. November 5: 2024 Oregon Senate election [10] References
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 ...