Oregon Kicker 2025 Percentage Increase

Oregon Kicker 2025 Percentage Increase. Oregon Tax Rebate 2025 Jessica D. Monaghan Oregon taxpayers can anticipate a notable financial boost as the state's latest economic outlook projects a $1.7 billion kicker to be distributed as a credit on 2025 tax returns The 1979 Oregon Legislat ive Assembly passed the "Two percent kicker" law as a way to control state spending.

Chart Calculate your kicker refund The Oregon Catalyst
Chart Calculate your kicker refund The Oregon Catalyst from oregoncatalyst.com

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 . The Office of Economic Analysis reported that Oregon's General Fund resources will grow to $38.2 billion — an increase of $350.1 million during the 2025-2027 biennium

Chart Calculate your kicker refund The Oregon Catalyst

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 . This legislative session, there are several bills that propose a redirection of kicker funds. The personal kicker now stands at an expected $1,792.4 million that will be returned to taxpayers as a credit on their 2025 tax return

Oregon Tax Kicker 2025 Calculator Online Maritza C. Friesen. This legislative session, there are several bills that propose a redirection of kicker funds. this windfall comes alongside an anticipated $350 million increase in general fund resources for the state's 2025-2027 budget

Oregon Tax Kicker 2025 Calculator Online Maritza C. Friesen. - The Oregon Surplus Refund, also known as the kicker, was introduced in 1979 as a way to control state spending The Oregon "kicker" refund, a unique tax rebate mechanism, has recently sparked interest among taxpayers.