SALEM, Ore. (AP) — A liberal group wants Oregon voters to eliminate the “kicker” checks that businesses get when the state collects more in corporate taxes than it anticipated.
Our Oregon says it will collect signatures in hopes of putting the measure on the November ballot. The proposal would not affect the personal kicker that individual taxpayers get when non-corporate tax revenue exceeds projections.
Instead of checks, unexpected corporate tax revenue would be sent to the general fund to be spent on schools. It would not go to a rainy-day fund, as some legislators have proposed.
Our Oregon is funded largely by public-employee unions.
