Home Must Reads Oregon repeals corporate kicker

Oregon repeals corporate kicker

| Print |  Email
Must Reads
Wednesday, November 07, 2012

Oregon voters passed Measure 85, which diverts corporate kicker revenue into a fund for public schools instead of rebating the money to companies.

Under Oregon law, if state income tax collections exceed revenue projections by 2 percent or more over a two-year span the state must rebate the surplus to taxpayers. The law makes a distinction between personal and corporate refunds. Corporate refunds are typically much smaller than personal ones, and have averaged about $120 million every two years.

Read more at OregonLive.com.

{biztweet}oregon kicker{/biztweet}

 

Comments   

 
Guest
+1 #1 Oregon repeals corporate kickerGuest 2012-11-07 21:14:40
It appears the Oregon voters don’t understand economics. First they vote to double the annual registration fee (from $50 to $100) and increase the minimum excise tax 1500% (from $10 to $150). Now they vote to take away the opportunity to receive a kicker refund. It's a wonder there are any businesses left in Oregon the way the voters treat them. I currently own a small corporation in Oregon and last year I paid 53% in Federal and State taxes. And that doesn’t include the personal tax liability I have to pay on the minimal salary I might receive during the year.
Quote | Report to administrator
 

More Articles

Banishing oil burners reaps benefits for schools

News
Tuesday, April 01, 2014
04.02.14 thumb co2schoolsBY APRIL STREETER | OB CONTRIBUTOR

Three years ago, PPS set out to begin to convert the 1930s-era boilers from diesel/bunker fuel to cleaner-burning natural gas. Oregon’s largest school district has realized impressive carbon dioxide emissions reductions, setting an example for public and private institutions.


Read more...

Closing the gap: Community colleges and workforce training

News
Thursday, March 27, 2014
03.27.14 thumb collegeBY MARY SPILDE | OP-ED CONTRIBUTOR

Community college career, technical and workforce programs present an opportunity to bring business and education together as never before.


Read more...

From the Editor: The human factor

March 2014
Tuesday, February 25, 2014

In this issue, we celebrate our 21st annual 100 Best Companies to Work For in Oregon project.


Read more...

On fire

March 2014
Tuesday, February 25, 2014
BY JESSICA RIDGWAY

A self-proclaimed “chile head,” John Ford “grows, eats and does everything spicy.” 


Read more...

How to boost web traffic

News
Thursday, April 10, 2014
BY JESSICA RIDGWAY  | OB WEB EDITOR

04.10.14 thumb seo-trafficSEMpdx hosted a workshop this week for entrepreneurs, website developers and others interested in search engine optimization (SEO).  Here are a few tips and tricks aimed at bumping up your search engine rankings.


Read more...

How to handle the unexpected

Contributed Blogs
Friday, March 28, 2014
03.28.14 thumb disasterBY TOM COX | OB BLOGGER

The next mysterious (or disastrous) event could be one that you or your team might suddenly need to respond to, probably under intense scrutiny.


Read more...

Revolution in print, pixels and passion

News
Tuesday, March 11, 2014
RyanFrankNewsBY MARK BLAINE | OB BLOGGER

The publisher of the Emerald Media Group moves on, leaving a cutting edge media group that depends on business acumen for its survival.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS