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Kicker (Oregon Tax Rebate)

Kicker (Oregon Tax Rebate)

Paperback

General Law

Currently unavailable to order

ISBN10: 6137167054
ISBN13: 9786137167052
Publisher: Flu Pr
Pages: 108
Weight: 0.37
Height: 0.26 Width: 5.98 Depth: 9.02
Language: English
Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. The Oregon tax rebate, commonly referred to as the kicker, is a rebate given to both individual and corporate taxpayers in the U.S. state of Oregon when a revenue surplus exists. The Oregon Constitution mandates that the rebate be issued when the calculated revenue for a given biennium exceeds the forecast revenue by at least two percent. The law was first passed by ballot measure in 1980, and was entered into the Oregon Constitution with the passage of Ballot Measure 86 in 2000. The Oregon Department of Revenue distributes the rebate in what is known to Oregonians as a kicker check. The kicker, which prevents surpluses above a certain size, is a complement to the balanced budget amendment, which prevents deficits.

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