A service of the Taxpayer Association of Oregon Foundation.
Tax News: Tax Preparers, Tanning Beds, Pets January 15, 2010 By Oregon Tax News, New regulations, taxes, and fees and even some interesting new tax credits may be in store for this year. Federal agencies and Congress will consider numerous policy proposals that will increase regulatory action, increase taxation, and even provide a tax breaks. …
By Oregon Tax News, Due to the ongoing economic crisis, Oregon’s Indian gaming industry suffered a 1.2 percent decline in revenue last year, placing the state No. 24 among the 31 Indian gaming states. According to economist Alan Meister and his recently released annual Indian Gaming Industry Report, no new tribes entered the gaming business…
Oregon TaxNews, Americans for Tax Reform did a calculation of what each state’s top income tax rate would be ifthe Bush 2001 tax cuts expire. The results are ranked from best to worst with nine states being tied ofr the first spot as these states have no income tax. Oregon was noted for being the…
By Oregon Tax News, On December 8th, U.S. Senator Tom Coburn and Senator John McCain released their Stimulus Checkup Report. The report lists 100 projects as part of the $700 billion stimulus program targeted as waste. Four Oregon projects made the list are listed below; Recovering Crab Pots Lost At Sea ($700,000) A $700,000 grant…
By Oregon Tax News, Holiday shoppers will get an early start this year whether they are ready or not. Retail giants have embarked on an advertising spending spree in an attempt to lure bargain shoppers to their stores earlier this year, signaling the economy may be on the rebound. Target, Wal-Mart, Kmart, and Gap all…
Taxpayers foot the bill for environmental lawsuits The federal government spends about the same amount of money funding environmental lawyers as it does to protect endangered species according to an investigation conducted by a Wyoming lawyer who defends farmers and ranchers involved in environmental lawsuits. According to the Capital Press, Karen Budd-Falen was curious how…
Oregonians Face Scores of New Taxes By Oregon Tax News — Often overlooked, smaller tax increases will be facing thousands of Oregon homeowners, in addition to possible new taxes in Multnomah County, Hood River and Ashland. Recent local proposals include an extension of the Ashland meals tax, along with increased driver registration fees and higher…
Oregon Faces Paycheck Decline By Oregon Tax News Oregon is near bottom in wage growth and it could get worse. According the United States Census Bureau, Oregon is currently ranked eighth in lowest pay check growth across the country. The rise of unemployment in Oregon gives employers the opportunity to take advantage of the abundance…
By Oregon Tax News, States across the nation are cutting taxes to boost stagnant economies. Texas, Arizona, and Maine are all taking steps to lower taxes. A recent study by former U.S. Treasury economist Robert Carroll shows that states with lower corporate tax rates have higher wage gains and more productivity over time.
Business bankruptcies climb, Oregon third on undesirable list By Oregon Tax News In statistics compiled by AACER (Automated Access to Court Electronic Records) Oregon ranked third in the nation in percentage increase for business bankruptcies between the first and second quarters of 2008. Oregon had 214 business bankruptcies in the first quarter growing to…