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Oregon Insight: Pandemic decimated low-wage jobs, while high-wage work expanded

Oregon Democrats desire to cancel new tax break for top 1% wanes as revenues rebound, kicker rebate looms

Oregon Democrats desire to cancel new tax break for top 1% wanes as revenues rebound, kicker rebate looms
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Oregon Democrats desire to cancel new tax break for top 1% wanes as revenues rebound, kicker rebate looms

Oregon Democrats’ desire to cancel new tax break for top 1% wanes as revenues rebound, ‘kicker’ rebate looms Updated Mar 06, 2021; Posted Mar 06, 2021 Oregon House Speaker Tina Kotek, D-Portland, told reporters this week that while the question of whether to repeal three new business tax cuts is in part an issue of equity, the urgency to roll back those breaks has decreased as a result of state revenue growth. Members of the Oregon House are pictured here at a swearing-in ceremony on Jan 11, 2021.The Oregonian Facebook Share Oregon economists’ announcement last week that tax revenues will likely exceed pre-pandemic expectations was good news for taxpayers, who might now be on track to receive a ‘kicker’ tax rebate in 2022.

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