Taxpayer Association of Oregon testifies against Kicker raid SJR 14
By Taxpayer Association of Oregon
On Wednesday, the Taxpayer Association of Oregon testified in the Senate Finance & Revenue Committee against Senate Joint Resolution 14 (SJR 14) Kicker Bill. This bill would raid part of the people’s kicker income tax refund and put it into a basically a government stockpile fund. If such stockpiling of the people’s Kicker refunds sounds familiar, it is because the 2007 Legislature was able to pass a bill that permanently raided the business kicker income tax refund into such a fund. Now they’re back for more.
This year the Kicker is close to kicking which will send over-collected tax revenue back to the people who paid it. That could mean $200, $300 or $600 refunds for Oregonians who already pay more taxes than most states.