Long-term unemployment remains especially high More than four years after the end of the Great Recession, Oregon’s job market has yet to fully recover. Though down from its peak in 2009, the state’s November 2013 unemployment rate of 7.3 percent remains well above pre-recession levels.[1] Particularly acute is the problem of long-term unemployment, defined as being […]
No Recovery for the Unemployed Read More »
News Release As calls for a higher minimum wage grow louder around the country, Oregon’s wage floor is quietly set to rise by 15 cents at the start of the new year. The increase will add $312 to the yearly income of a full-time minimum wage worker. “While the uptick in Oregon’s minimum wage is
Oregon 15-Cent Minimum Wage Increase Still Not Enough to Make Ends Meet Read More »
Oregon Governor Tom McCall famously once said, “Oregon is demure and lovely, and it ought to play a little hard to get.
Intel Deal and Ghost of Tom McCall Read More »
Nothing. Nada. Zip. That’s how much additional economic investment Oregon is getting out of the deal just inked between Intel and Governor Kitzhaber.
Oregon Got Nothing from Kitzhaber-Intel Deal Read More »
In the latest tax reform plan floated in Salem, the inclusion of a sales tax is not the problem. The problem is that the plan uses a sales tax to pay for a big income tax cut for wealthy Oregonians.
The Real Problem with the Latest Tax Plan Read More »
Oregon’s economy and tens of thousands of Oregon families will suffer if Congress fails to extend emergency unemployment benefits soon. Without congressional action, shortly after Christmas about 21,000 laid-off Oregon workers and their families will lose their federal Emergency Unemployment Compensation (EUC) benefits. An additional 29,000 workers and their families will lose these benefits by
During the recent brief debate before the legislature pushed through the “Grand Bargain” tax package, I pointed out that the tax subsidy for certain business owners would not create any jobs, save maybe for lawyers and accountants dispensing advice on how to game the system.
Grand Bargain Tax Games Begin Read More »
More about: eitc, grand bargain, pass-through income, personal income tax, small business, tax expenditures
Grand Bargain Business Subsidy Dwarfs Assistance for Working Families Read More »
I wasn’t holding out much hope for a favorable legislative draft of the “Grand Bargain” tax package, but the bill finally released late Monday was even worse than I imagined.
Never mind that the subsidy still doesn’t have any job creation or retention standards.
Grand Bargain Tax Package: It Got Worse on Monday Read More »
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