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Why Oregon shouldn’t repeal the kicker

June 23, 2015 --

nfib-logoBy Jan Meekcoms
Oregon NFIB

Taxpayers could receive almost $473 million in rebates.

Oregon’s kicker rebate system, which is expected to return nearly $473 million to state taxpayers next year, is threatened by new proposals in the legislature.

Under the unique kicker provision in the state’s constitution, Oregon must return to income taxpayers any revenues above predictions if those revenues exceed predictions by 2 percent or more. In May, the amount owed to taxpayers was estimated at almost $473 million, or about $284 for an average family, though the final figure won’t be known until late summer.

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