Oregon Kicker 2025 Percentage Increase. Oregon Tax Kicker 2025 Calculator Online Maritza C. Friesen The Oregon Department of Revenue determines the percentage of the taxpayer's original. The total increase since the Close of Session forecast is $2,838.6
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The Oregon "kicker" refund, a unique tax rebate mechanism, has recently sparked interest among taxpayers. This legislative session, there are several bills that propose a redirection of kicker funds.
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- The Oregon Surplus Refund, also known as the kicker, was introduced in 1979 as a way to control state spending In the current 2023-25 biennium they account for 7.5 percent (largely driven by the record personal income tax kicker being paid out which reduces overall General Fund revenues.) The largest such source are estate taxes, followed by interest earnings, liquor revenues, judicial revenues, and insurance taxes . Increased revenues in the current biennium also increase the projected kickers
Oregon Kicker Tax Refund 2025 Janka Ainslee. Oregon's Office of Economic Analysis released the December 2024 forecast, predicting higher revenue and kicker for 2025, as lawmakers caution potential economic impacts at the federal level. The 1979 Oregon Legislat ive Assembly passed the "Two percent kicker" law as a way to control state spending.
Minimum Wage Increase 2025 Oregon Today Tarek Ivy. The Oregon "kicker" refund, a unique tax rebate mechanism, has recently sparked interest among taxpayers. The corporate kicker now stands at an expected $1,024.5.