Declining state revenues, projected in Oregon’s latest revenue forecasts published last week, may result in reduced kicker rebates for personal taxpayers and no kicker refund to corporations.

Lower Oregon Revenue Forecasts Will Affect Kicker Rebate

Last week, state economists presenting a new Oregon revenue forecast warned of a nearly $900 million revenue drop as the Trump tax law takes effect on state finances . The significant budget shortfall is also predicted to shrink kickers, while future rebates are now uncertain.

According to the projections, President Donald Trump’s HR1 will reduce Oregon’s personal income tax collections by an estimated $586 million and corporate tax collections by $300 million.

Oregon’s “rolling conformity” with the federal tax system means that most feder

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