For Better or Worse: The Governor’s Income Tax Proposal and Two Different Alternatives

InsideCapitolDome

For Better or Worse: The Governor’s Income Tax Proposal and Two Different Alternatives

InsideCapitolDome
Oregon’s most recent economic and revenue projection for the current two-year budget cycle shows that the State will have $1.4 billion less resources than anticipated by the 2001 Legislative Assembly. The June forecast projects $506 million less resources this biennium than was anticipated in the March forecast.

For Better or Worse: The Governor’s Income Tax Proposal and Two Different Alternatives

Oregon’s most recent economic and revenue projection for the current two-year budget cycle shows that the State will have $1.4 billion less resources than anticipated by the 2001 Legislative Assembly. The June forecast projects $506 million less resources this biennium than was anticipated in the March forecast. The picture for the next budget cycle looks gloomy, too. The June forecast projects $878 million less General Fund revenues than anticipated by the 2001 Legislative Assembly for the next (2003-05) biennium. Total resources for next biennium are projected to be $1.3 billion less than anticipated expenses.

Read more (PDF).

Picture of OCPP

OCPP

Written by staff at the Oregon Center for Public Policy.

Action Plan for the People​

How to Build Economic Justice in Oregon

Latest Posts

low wage workers

How Oregon can make progress on lifting wages

Making Oregonians more economically secure requires a minimum wage that isn’t stuck in place, but rather makes forward progress, lifting up the wage floor. And it requires the state to pursue other strategies, like standards boards, that are true and tried ways of boosting the paychecks of Oregonians. 

Read More »

Your donation helps build Economic Justice in Oregon

Your donation helps build Economic Justice in Oregon

Scroll to Top