A service of the Taxpayer Association of Oregon Foundation.
FCC Proposes Internet Tax By Oregon Tax News, On tax day before the Senate Commerce Committee, the Federal Communications Commission (FCC) proposed the National Broadband Plan that would expand the Universal Service Fund (USF) tax on landline and cell phones to include broadband internet. The FCC estimates the National Broadband Plan will cost $350 billion…
Several reports show continual problems with Oregon and Federal stimulus spending By Oregon Tax News, Oregon State officials boast more that the 2009 Legislature’s trumpeted economic stimulus package created or retained 7,500, a feat just shy of the 8,000-plus jobs reported for Oregon under the far bigger federal stimulus program. Yet, Oregon reports spending about…
Oregon #9 in Foreclosures but #37 in Home Insurance Costs By Oregon Tax News, Oregon ranked as one of the top 10 states with the highest foreclosure rate in the nation according to a recent survey. Earlier this year, RealtyTrac, the leading online marketplace for foreclosure properties, released its January 2010 U.S. Foreclosure Market Report…
States Consider Holding Tax Returns to Save Money By Oregon Tax News USA Today reported that California, Hawaii, Alabama, North Carolina, Kansas, Idaho and New York are considering delaying issuing refunds because the states did not have the cash on hand to cover the costs. The delays come as states continue to face deep budget…
By Oregon Tax News, This month President Obama released a budget plan that emphasizes new spending freezes and fiscal accountability but comes with an extraordinary price tag. Overall, the budget reveals federal spending will grow to $3.72 trillion dollars in the 2010 fiscal year and will increase to $3.83 trillion in 2011. The Obama Administration…
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…