Posted on 01/31/2026 8:00:46 PM PST by chief lee runamok
SALEM, Ore. (KATU) — Two Democratic Oregon Senators will introduce a bill that would change how the state’s personal income tax “kicker” is distributed when revenues exceed forecasts.
The resolution would amend the Oregon Constitution.
Under current law, when state revenues exceed projections by at least 2%, most of the excess personal income tax revenue is returned to taxpayers as the kicker. Under the resolution, that system would largely remain in place, but with a new threshold.
If the total personal income tax surplus exceeds $300 million in a biennium, only half of that excess would be returned to taxpayers. The remaining half would be allocated to K–12 education, community colleges, and wildfire prevention and suppression.
(Excerpt) Read more at katu.com ...
|
Click here: to donate by Credit Card Or here: to donate by PayPal Or by mail to: Free Republic, LLC - PO Box 9771 - Fresno, CA 93794 Thank you very much and God bless you. |
And of course, the bait and switch: The remaining half would be allocated to K–12 education, community colleges, and wildfire prevention and suppression.
Being fungible, the revenue gained would free up that amount to spend on favorite legislature or programs.
More money simply wasted on schools. Money is not the problem or the answer.
Whenever the commies see a surplus it just means not enough fraud is going on.
Translation: Democrat campaign coffers.
Oh, that is soooo true.
Goddammit!!!
Leave my money alone, you pretentious Communist retards!!!
Go to hell, Oregon Legislators!!!
Payback is a bitch, and it is coming.
Keep one eye open, figuratively, of course.
We good citizens can play your game by your rules.
And kickbacks to the Oregon Democrat party
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.