> What's the story behind the Oregon 'kicker' tax rebate? | The Story | April 7, 2023
What's the story behind the Oregon 'kicker' tax rebate? | The Story | April 7, 2023
Clip ID 2441998
Clearance
Add to
Share
Add to Review Link
By Request
By Request assets are not available for immediate purchase.
This content has not been pre-checked for copyright.
Per clip rates are for 20 seconds of final usage. If you are using more then 20 seconds or need a different file format or have questions about clearances contact us
Description
April 7, 2023 on The Story: Last night we took a deep dive into the Oregon state budget, making brief mention of the state's idiosyncratic "kicker" rebate. But the thing itself deserves some explanation. Since 1979, Oregon has embraced a bit of a gamble every two years around tax time. If actual state revenues hit 2% or more above what economists predict, everything above that amount goes back to taxpayers. Because it means money back, the kicker is pretty popular. But not everybody agrees that it's the best use of tax funding — especially when the state has some big needs these days.
Watch more The Story videos: http://bit.ly/watchTheStory
Follow The Story on Twitter: https://twitter.com/TheStoryKGW
Follow The Story on Instagram: https://instagram.com/thestorykgw