Now that Oregon’s economy is finally showing signs of life, we are again hearing arguments against the so-called “kicker law.” The law states that whenever personal or corporate income tax collections are more than 2 percent higher than state economists project, the excesses are rebated to taxpayers.
Those who think government can (more…)
Thanksgiving is the quintessential American holiday. We learned in grade school that it evolved from celebrations the early Pilgrims held to commemorate their bountiful harvests at Plymouth colony in the 1620s.
Can states solve their public education problems by directing a higher percentage of spending into the classroom? That’s the goal of a nationwide movement known as “the 65 percent solution.” It aims to pass a law in every state requiring school districts to spend at least 65 percent of their operating budgets in classrooms “for the benefit of teachers and kids.”
According to the National Center for Educational Statistics, Oregon spends (more…)
Remove Portland’s Business Income Tax to improve the city’s economy
The City of Portland is widely perceived as being anti-business. Stubbornly high unemployment rates and higher business taxes than surrounding communities feed this perception. Phasing out the city’s Business Income Tax (BIT) will do more than anything else to (more…)