Tax Insider for June 2
The legislative committees transition to the main event of the session and present dueling proposals seeking to enhance and change the state’s tools for recruiting business investment. The final policy will likely be the last major issue for the Joint Committee on Tax Expenditures.
Tax Insider for May 26
While the state economists are bullish on migration trends recovering, they acknowledge the economy and revenue stream will increasingly rely on the state serving as a place where businesses want to invest. The legislature is sending mixed policy signals on the future of pro-growth tax incentives.
Tax Insider for May 19
State revenues are continuing to defy gravity, which is undoubtedly positive news for the state’s tax and fiscal outlook heading into the home stretch. Still, some lawmakers and the lobby are confused about the usable revenues for crafting the next budget.
Tax Insider for May 12
Portland Mayor Ted Wheeler announced a much-needed freeze in new local taxes. Will that pledge come to fruition? Advocates are asking Portland-area voters to expand income taxes on area residents. Also, the legislature is seeking to curtail property tax incentives offered by local governments.
Tax Insider for May 5
Whenever someone proposes a new tax, the first question that should be asked is, "does the jurisdiction have the authority to impose the tax?" The answer is likely "no" in the case of Portland's new "utility" tax.