Oregon has $1 billion more dollars than we expected. Given all we have gone through in the last year, that’s good news – especially for taxpayers, thanks to Oregon’s kicker.
Fundamentally, the kicker recognizes that taxes belong to taxpayers, not the government. It’s simple: If Oregon brings in at least 2% more tax revenue than it budgeted for, that excess money is returned to taxpayers proportional to how much tax they paid. The average Oregonian will get more than $300 back.
