A new report released today by the Oregon Center for Public Policy finds that proposals to reduce taxes on capital gains income cannot be expected to generate significant new investment or jobs in Oregon.
New Report Shows that Capital Gains Tax Cuts Are “The Wrong Answer” for Oregon’s Economy Read More »
News Release A new report released today by the Oregon Center for Public Policy finds that the inflation adjustment provision included in Measure 25 is “the correct measure for Oregon’s farm workers.” Measure 25, approved by voters in November 2002, raised Oregon’s minimum wage by $0.40 on January 1, 2003, and will increase the wage
New Report Finds Measure 25 Inflation Adjustment Appropriate for Oregon’s Farm Workers Read More »
The Correct Measure for Oregon’s Farm Workers Executive Summary In November 2002, Oregon voters approved Measure 25, which raised the state’s minimum wage by 40 cents to $6.90 on January 1, 2003, and provided for annual increases indexed to the rate of inflation in coming years. Two prominent opponents of Measure 25, the Oregon Farm
Urban Inflation for the Minimum Wage Read More »
February 12th is the birthday of America’s 16th president, Abraham Lincoln. While the Taxpayer Association of Oregon, with the help of the Oregon Republican Party, plans to use the occasion to bring their anti-tax and anti-government message to the Capitol in Salem, the Oregon Center for Public Policy reminds them and all Oregonians that the GOP’s first president also signed America’s first income tax.
His Truth Is Marching On Read More »
The federal government released the 2003 Federal Poverty Guidelines in today’s issue of the Federal Register. The poverty guidelines, sometimes loosely referred to as the “federal poverty level,” define who is officially considered “poor.” The guidelines are adjusted up each year to account for inflation. State and federal agencies use the guidelines to determine eligibility
Who is Poor? New 2003 Federal Poverty Guidelines Released Read More »
The first lesson in Oregon Corporate Taxes 101: if you’re paying them, get a new accountant. About two thirds of Oregon’s corporations, or 23,000 corporations, pay just the $10 corporate minimum tax.
Corporate Taxes 101 Read More »
Almost one-third of Oregon households will not receive any tax reduction under the Bush Administration’s proposal to accelerate previously enacted tax cuts and exempt dividends from personal income taxes, according to a study released today by the Washington, D.C.-based Citizens for Tax Justice (CTJ).
Almost One-third of Oregon Households Will Get No Benefit Under Bush Tax Cut Read More »
Oregonians are beginning to receive their W-2 forms from their employers and tax forms from the state and federal revenue agencies, marking the beginning of another tax season.
As President Bush unveils an “economic stimulus” plan that is being criticized for lowering the taxes primarily of the wealthiest, a new study was released today showing that over the past decade the share of taxes paid by low- and middle-income households in Oregon has risen, while taxes paid by affluent households has dropped. The study, by the Washington, D.C.-based Institute for Taxation and Economic Policy (ITEP), reconfirmed a report issued two years ago by the Legislative Revenue Office that showed Oregon’s tax system is basically regressive, with upper-income households paying less in taxes than those at the bottom as a percent of income.
Oregon’s Taxes Declined for Rich, Rose For Poor and Middle Class over the 1990s Read More »
Governor Ted Kulongoski recently unveiled his budget plan – deep cuts to most state services and no new revenues. Defending the spartan and shrinking budget, Kulongoski argued “we can’t solve our state budget crisis if we can’t get the economy moving again.” Since nothing he or his administration does can “get the economy moving again,” the new Governor has inadvertently, but unnecessarily, resigned himself to failure before he starts.
Predictable, but Unnecessary, Failure Read More »