The latest revenue forecast once again confirmed the absurdity that is Oregon’s costly spending policy commonly known as “the kicker.”
In announcing that General Fund revenues for next biennium are down $622.5 million from the last forecast, the state economists also disclosed that we are on course to having the corporate kicker kick. We are on course to spend $42.3 million in a giveaway, mostly to profitable out-of-state corporations, in the next budget period.
No other state is planning to send unanticipated revenues from better-than-expected corporate profits back to the corporate boardrooms of out-of-state corporations while at the same time preparing to make cuts to education, public safety and human services.
Read the news release Profitable Corporations Don’t Need Oregon’s Charity, So Stop the Kicker Spending: Statement by OCPP Executive Director Charles Sheketoff on the September Revenue Forecast. Click here for a PDF copy.
The job announcement is available here (PDF).
Limiting Itemized Deductions That Mostly Benefit the Well-Off Would Help Oregon Address Its Revenue Woes, Report Shows, August 24, 2010
CenterPoints: Preventing the Economy From Sliding Back Into the Ditch, July 2010
News Release: Congress Gives Unemployment Insurance Lifeline to Tens of Thousands of Oregonians and Pumps Millions of Dollars into Oregon’s Economy, but Will It Take Additional Steps to Protect Jobs? Statement by OCPP Policy Analyst Janet Bauer, July 22, 2010
Fact Sheet: The Swing of the Budget Ax: An Outline of Oregon’s Likely Service Cuts Absent Congressional Help, July 12, 2010
CenterPoints: Finding Money in Oregon's Messiest Room, June 2010
News Release: U.S. Senate Vote Threatens Oregon's and Nation's Recovery: Statement by OCPP Policy Analyst Janet Bauer, June 25, 2010
Fact Sheet: What’s at Stake for Oregon if Congress Fails to Extend Key Recovery Act Provisions?, June 23, 2010
News Release: Oregon Jobs Data Show Why Recovery Act Extensions Are Needed: Statement by OCPP Policy Analyst Joy Margheim, June 15, 2010
News Release: Federal Health Reform Ban on Discrimination Against Pre-existing Conditions Will Benefit 1 in 4 Non-elderly Oregonians, May 28, 2010
Fact Sheet: Continue What's Working: Congress Should Extend the TANF ECF to Bolster the Economy and Struggling Families, May 20, 2010
CenterPoints: A Great Gift for Moms (and Dads), May 2010
News Release: Oregon Still Among Minority of States That Tax Poor Families’ Wages, April 29, 2010
Fact Sheet: Working Poor and Near-Poor Families in Oregon Are Hit Harder by State Income Taxes Than Those in Most Other States (PDF), April 29, 2010
News Release: Starkly Different Approaches to the Bush Tax Cuts Would Have Very Different Impacts on Oregonians, April 22, 2010
CenterPoints: Some Things You Just Can't Google, April 2010
Report: Tax Day Reality Check: Oregon Revenue and Spending Have Remained Stable, April 14, 2010
News Release: Oregon Taxes and Spending Have Remained in Line With Oregonians’ Pocketbooks for Three Decades, April 14, 2010
News Release: Corporate-Funded Study Says Oregon Business Taxes Are the Lowest and Deliver Biggest Bang for Buck, April 6, 2010
CenterPoints: A Test of a True Deficit Hawk, March 2010
News Release: Five Recovery Act Programs Pump Over $1.5 Billion Into Oregon, March 18, 2010
Issue Brief: Five Effective Economic Recovery Tools: Federal Recovery Act’s major direct assistance programs prove their worth, March 18, 2010
CenterPoints: A Revenue Reservoir to Achieve Fiscal Stability, February 2010
News Release: Corporate Kicker Rears its Ugly Head: Statement by OCPP executive director Chuck Sheketoff on the March revenue forecast, February 8, 2010
CenterPoints: Revitalizing Community, Revitalizing Our Economy, January 2010
News Release: Oregonians Say "Yes" to an"Economy That Works for Everyone": Statement by Charles Sheketoff, executive director of the Oregon Center for Public Policy, on Measures 66 and 67 election results, January 26, 2010
News Release: Unemployment Data Underscore Need for Oregon Voters and Congress to Step Up: Statement by OCPP analyst Joy Margheim on the December employment report, January 20, 2010
CenterPoints: Let Businesses Speak Truth to Folly, December 2009
News Release: Many More Oregonians Would Be Poor but for Federal Recovery Act, December 17, 2009
CenterPoints: The Case for Progressive Taxation, November 2009
News Release: Immigrants Boost Portland's Economy in Proportion to Their Numbers, Study Finds, November 30, 2009
News Release: Experts Debunk Claim That Tax Measures Would Cost Jobs: Tax Policy Center calls arguments “misleading” and “fatally flawed,” November 24, 2009
News Release: "The Legislature Did the Right Thing": Statement by OCPP executive director Chuck Sheketoff on the December Revenue Forecast, November 19, 2009
News Release: Oregon Hunger Rate Surges; Food Stamps Fill Need: Statement by OCPP analyst Joy Margheim on food insecurity data, November 16, 2009
News Release: Oregon Among Few States That Tax Income of Poor Families, November 4, 2009
News Release: OCPP Charts Simple Explanations of Measures 66 and 67, November 3, 2009
CenterPoints: Making Money and Paying the Corporate Minimum Tax, October 2009
News Release: “A Wallop of a Message”: Statement by OCPP’s Janet Bauer on Estimate of Recession’s Hit on Health Insurance Coverage in Oregon, October 20, 2009
News Release: Oregon Moves Closer to a Tax System Based on Ability to Pay: But even with Measures 66 and 67, the wealthy will pay proportionally less than the poor, October 12, 2009
Issue Brief: A Step Toward Balance: Measures 66 and 67 move Oregon closer to a tax system based on ability to pay, October 12, 2009
News Release: Oregon Economists Endorse Legislature’s Tax Measures: Balancing cuts and tax increases was “a prudent course of action,” October 7, 2009
CenterPoints: Health Care Reform and the Value of Work, September 2009
News Release: Oregon’s Poverty Rate Rises in First Year of Recession, September 29, 2009
News Release: Statement by OCPP Executive Director Chuck Sheketoff on Likely Ballot Measures: Yes Means Yes, No Means Trouble, September 25, 2009
News Release: One in Six Oregonians Lacked Health Insurance: Survey Also Shows Stagnant Income for Typical Oregon Household, September 25, 2009
News Release: Oregon’s Minimum Wage Won’t Rise in 2010: Cost-of-living wage peg is “working as intended,” says OCPP, September 16, 2009
News Release: Census Data Show No Oregon Progress in Expanding Health Coverage or Reducing Poverty, September 10, 2009
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The Oregon Center for Public Policy does in-depth research and analysis on budget, tax, and economic issues. Our goal is to improve decision making and generate more opportunities for all Oregonians. |
Oregon Center
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info (at) ocpp.org
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