Senator removal paves way for Trump Tax Cut theft

By Taxpayers Association of Oregon
OregonWatchdog.com

We did not see this coming.  Until now.

As mentioned a few days ago, Oregon Senate President Rob Wagner (D-Lake Oswego) forcibly removed Oregon State Senator Mark Meek (D-Gladstone) from his chair of the powerful Senate Committee on Finance and Revenue. Senator Meek was removed from even sitting on the Committee. Senator Meek caught fire from the Senate President for opposing the earlier versions of the gas tax. He eventually voted for it.

Now ANOTHER tax issue is raising heads. Lawmakers have until December 31st, 2025, to disconnect portions of Oregon tax law from Federal tax in response to the tax cuts passed by Congress in the Big Beautiful Bill this summer. Because Oregon ties many of its tax definitions to Federal tax law, when Congress changes tax rates, it automatically applies to Oregon income tax rules.

You can see in the chart below that Trump’s no-tax-on-tips will save Oregon taxpayers $78 million in Oregon income taxes (more savings from the Federal government income taxes).

Overtime tax cut saves $221 million.

Business deductions save Oregonians over $500 million.

That is big tax savings for everyday Oregonians, but it also means that Oregon liberal lawmakers will lose revenue (even though you gain a lot of it back when tax cuts spur robust economic growth).

Lawmakers need to pass this tax disconnect before December 31, 2025, to thwart the tax cuts from fully impacting Oregon for their 2025 taxes.

To get this done, it seems clear that Senate President Rob Wagner aims not to have the same fight he had with his Revenue Chair, Mark Meek, earlier this year.   Removing State Senator Mark Meek creates a super-clear path to ramrodding this tax trick, which will divert potentially hundreds of millions of tax savings right back into the pockets of the big state government, which grows every Session.

Be ready!

Just like the gas tax was pushed at the last minute with less notice than other bills, this tax increase may come speedily as well.

Just re-look at the chart above.  Lawmakers are looking at $888 million going back to taxpayers.   They have until December 31st to steal some of that back with technical tax law changes.

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