kicker tax

It's official: Oregon taxpayers will receive a kicker rebate. Nearly $464 million will be sent back to taxpayers when they file their state income taxes next year.

Oregonians will find out Wednesday if they'll receive a kicker rebate on their taxes next year.

The kicker is that unique Oregon institution that dishes out money to taxpayers when the state's official economists under-predict how much revenue the state will collect over a two-year period.

Oregonians could be getting a kicker when they file their taxes next year. State economists said Tuesday that revenues for the current budget cycle are on track to exceed projections by a wide enough margin to trigger Oregon's unique kicker law.

Keep your kicker or donate it?

Oregon taxpayers have the chance to donate their kicker rebate to fund state schools as they fill out their tax forms this year. But hardly anyone is choosing to do that. So far this tax season, less than one-half of one percent of Oregonians are choosing to donate their kicker.

The state of Oregon is getting ready to send $402 million back to taxpayers. State economists Wednesday announced the first so-called kicker rebate since 2007.

Oregonians will learn Wednesday whether they will get a tax rebate known as the kicker. The one-of-a-kind law returns money to taxpayers when revenues exceed projections by more than two percent.

Democratic Representative Tobias Read introduced a bill Thursday that would divert a potential kicker tax rebate.