Income tax

SB 63 Flat rate income tax for income under $50,000

Posted on January 27, 2025 by Donna | 0 Comments

Imposes personal income tax at flat rate if a taxpayer has an adjusted gross income below $50,000. Applies to tax years beginning on or after January 1, 2026. Takes effect on the 91st day following adjournment sine die. This is a socialist policy of wealth distribution. It is a suppression of the American ideology that everyone is responsible and pays…

SJR 15 Abolishes Kicker Refund

Posted on January 15, 2025 by Donna | 1 Comments

The measure would end the provision known as the personal income tax kicker. Proposes an amendment to the Oregon Constitution to cease the requirement of returning surplus revenue to personal income taxpayers beginning July 1, 2025. Refers the proposed amendment to the people for their approval or rejection at the next regular general election. Voters put into the Constitution requiring…

SB 1 Self-identified race/ethnicity on tax forms

Posted on July 31, 2023 by BJ

VOTE:NO – Signed into law by Gov.Kotek

HJR 23 Dedicates part of kicker to drought

Posted on June 25, 2023 by BJ

VOTE:NO
Died In Committee

SB 774/SJR 26 Removes kicker language

Posted on June 25, 2023 by BJ

VOTE:NO
Died In Committee

LAWMAKERS LAY GROUND FOR INCOME TAX INCREASE

Posted on December 16, 2022 by BJ | 0 Comments

Last week a draft bill has been introduced in the Legislative Revenue Committee and it deals with Oregon income taxes. The draft bill (LC 1581) is very simple, it requires the State Capitol Revenue Office to study Oregon’s income tax and make recommendations to lawmakers. Here are 4 reasons why you should concerned. #1. Legislative studies are the first step…

Rep. Reschke: Review of legislature’s first week

Posted on February 6, 2022 by BJ | 0 Comments

New Speaker of the House For the first time in 9 years, Oregon’s House of Representatives has a new Speaker of the House: Representative Dan Rayfield of Corvallis. How Speaker Rayfield will differ from the previous Speaker is yet to be seen. Bills I introduced two bills on the opening day of session: • HJR 201 – Ending the Governor’s…

Oregon Legislature set to adjourn without refunding $300 million in taxes generated by stimulus checks

Posted on June 26, 2021 by BJ | 0 Comments

Oregonians won’t get a refund on $300 million in personal income taxes generated by federal stimulus payments, as the Legislature is set to conclude its 2021 regular session on Friday or early Saturday without addressing the issue. Early in the session, both Democrats and Republicans had expressed support for resolving the thorny situation and returning the money to roughly 900,000 Oregon…

Lawmakers try again to introduce bill that would repay Oregonians for tax on stimulus

Posted on June 23, 2021 by BJ | 0 Comments

UPDATE (6-28-21): this bill was passed! Creates refundable income tax credit to adjust for effect on federal income subtraction of recovery rebates allowed to personal income taxpayers. Provides for credit to be claimed on personal income tax return for 2021 tax year. Applies to tax years beginning on or after January 1, 2020, and before January 1, 2021. Provides that…