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Started by Paul Berg
Mon, 20 Aug 2007 13:35
Average Oregon "kicker" check could be $285 this fall
Author: Paul Berg
Date: Mon, 20 Aug 2007 13:35
Date: Mon, 20 Aug 2007 13:35
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~ News article from The (Portland) Oregonian - August 20, 2007 Analysts this week will start figuring out exactly how much money will be returned to Oregon taxpayers this fall. The median kicker refund is expected to be about $285 and the checks should be mailed around Thanksgiving, providing a boost to retailers and debt-riddled consumers during the Christmas shopping season. Under Oregon's unique kicker law, the state must return tax dollars that exceed budget projections -- assuming the actual tax receipts exceed the estimate by at least 2 percent. In the recently concluded business cycle, the actual tax receipts were more than 20 percent higher than what economists predicted in 2005. At that time, the state was emerging from the recession from 2001-03 and didn't anticipate the historic real estate boom of the past two years. The total amount of the rebate adds up to an estimated $1.165 billion, according to the Oregon Office of Economic Analysis. The previous record was $635 million, which was sent to taxpayers in 1999. While a rebate has been considered a certainty for months, the amount wasn't locked in until the end of the business day Friday, when state accountants closed the books for the 2005-07 budget cycle that ended June 30. Starting Monday, analysts will start running reports to determine precisely how much each taxpayer can expect, economist Michael Kennedy told the Bend Bulletin. State economists will present the kicker figures to lawmakers Aug. 31 in their regular quarterly revenue forecast. The total kicker refund for 2007 was actually pegged to be higher, but lawmakers steered the corporate share of the kicker into a new rainy day fund. The release of kicker checks for the first time since 2001 will likely spur a renewal of an argument between those who favor small government and those who prefer big government. To those in favor of small government, the rebates represent a check on bureaucracy. Advocates for public programs, meanwhile, say the state should use the surplus to help the needy or save it as a hedge against economic downturns. ~
Re: Average Oregon "kicker" check could be $285 this fall
Author: Paul Thomas, CPA
Date: Mon, 20 Aug 2007 18:29
Date: Mon, 20 Aug 2007 18:29
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"Paul Berg" <pjberg@webtv.net> wrote > News article from The (Portland) Oregonian - August 20, 2007 > The median kicker refund is expected to be about $285 and the checks > should be mailed around Thanksgiving, providing a boost to retailers and > debt-riddled consumers during the Christmas shopping season. Yup. Now that'll pull those folks out of debt. Who are they kidding? -- Paul A. Thomas, CPA Athens, Georgia
Re: Average Oregon "kicker" check could be $285 this fall
Author: lein
Date: Mon, 20 Aug 2007 21:33
Date: Mon, 20 Aug 2007 21:33
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On Aug 20, 11:29 am, "Paul Thomas, CPA" <paulthomascp...@bellsouth.net> wrote: > "Paul Berg" <pjb...@webtv.net> wrote > > > News article from The (Portland) Oregonian - August 20, 2007 > > The median kicker refund is expected to be about $285 and the checks > > should be mailed around Thanksgiving, providing a boost to retailers and > > debt-riddled consumers during the Christmas shopping season. > > Yup. Now that'll pull those folks out of debt. > > Who are they kidding? Nobody is forced to take it.
Re: Average Oregon "kicker" check could be $285 this fall
Author: Paul Thomas
Date: Tue, 21 Aug 2007 01:36
Date: Tue, 21 Aug 2007 01:36
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"lein" <boomer_the_cat@my-deja.com> wrote >> > News article from The (Portland) Oregonian - August 20, 2007 >> > The median kicker refund is expected to be about $285 and the checks >> > should be mailed around Thanksgiving, providing a boost to retailers >> > and >> > debt-riddled consumers during the Christmas shopping season. >> >> Yup. Now that'll pull those folks out of debt. >> >> Who are they kidding? > > > Nobody is forced to take it. They're mailing out checks. Except for a couple of thousand folks that'll think it's a Nigerian scam, everyone will cash it. -- Paul A. Thomas, CPA Athens, Georgia
Re: Average Oregon "kicker" check could be $285 this fall
Author: lein
Date: Tue, 21 Aug 2007 03:41
Date: Tue, 21 Aug 2007 03:41
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On Aug 20, 6:36 pm, "Paul Thomas" <paulthomas...@bellsouth.net> wrote: > "lein" <boomer_the_...@my-deja.com> wrote > > >> > News article from The (Portland) Oregonian - August 20, 2007 > >> > The median kicker refund is expected to be about $285 and the checks > >> > should be mailed around Thanksgiving, providing a boost to retailers > >> > and > >> > debt-riddled consumers during the Christmas shopping season. > > >> Yup. Now that'll pull those folks out of debt. > > >> Who are they kidding? > > > Nobody is forced to take it. > > They're mailing out checks. Except for a couple of thousand folks that'll > think it's a Nigerian scam, everyone will cash it. don't cash, or endorse them over to the state.
Re: Average Oregon "kicker" check could be $285 this fall
Author: Bjorn Berg f/Fergie Berg and All...
Date: Tue, 21 Aug 2007 06:40
Date: Tue, 21 Aug 2007 06:40
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On Aug 20, 9:41 pm, lein <boomer_the_...@my-deja.com> wrote: > On Aug 20, 6:36 pm, "Paul Thomas" <paulthomas...@bellsouth.net> wrote: > > > > > > > "lein" <boomer_the_...@my-deja.com> wrote > > > >> > News article from The (Portland) Oregonian - August 20, 2007 > > >> > The median kicker refund is expected to be about $285 and the checks > > >> > should be mailed around Thanksgiving, providing a boost to retailers > > >> > and > > >> > debt-riddled consumers during the Christmas shopping season. > > > >> Yup. Now that'll pull those folks out of debt. > > > >> Who are they kidding? > > > > Nobody is forced to take it. > > > They're mailing out checks. Except for a couple of thousand folks that'll > > think it's a Nigerian scam, everyone will cash it. > > don't cash, or endorse them over to the state. What check? Whose check? I haven't ever seen a CHECK. What jackass thing do I have to do to get one?
Re: Average Oregon "kicker" check could be $285 this fall
Author: Lobby Dosser
Date: Tue, 21 Aug 2007 08:58
Date: Tue, 21 Aug 2007 08:58
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"Bjorn Berg f/Fergie Berg and All the Ships at S" <thisjukeboxplays33rpm@yahoo.com> wrote: > On Aug 20, 9:41 pm, lein <boomer_the_...@my-deja.com> wrote: >> On Aug 20, 6:36 pm, "Paul Thomas" <paulthomas...@bellsouth.net> >> wrote: >> >> >> >> >> >> > "lein" <boomer_the_...@my-deja.com> wrote >> >> > >> > News article from The (Portland) Oregonian - August 20, 2007 >> > >> > The median kicker refund is expected to be about $285 and the >> > >> > checks should be mailed around Thanksgiving, providing a boost >> > >> > to retailers and >> > >> > debt-riddled consumers during the Christmas shopping season. >> >> > >> Yup. Now that'll pull those folks out of debt. >> >> > >> Who are they kidding? >> >> > > Nobody is forced to take it. >> >> > They're mailing out checks. Except for a couple of thousand folks >> > that'll think it's a Nigerian scam, everyone will cash it. >> >> don't cash, or endorse them over to the state. > > What check? Whose check? > I haven't ever seen a CHECK. What jackass thing do I have to do to get > one? > > Pay state income taxes.
Re: Average Oregon "kicker" check could be $285 this fall
Author: Paul Thomas, CPA
Date: Tue, 21 Aug 2007 12:25
Date: Tue, 21 Aug 2007 12:25
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"Lobby Dosser" wrote > "Bjorn Berg f/Fergie Berg and All the Ships at S" wrote: >>> > They're mailing out checks. Except for a couple of thousand folks >>> > that'll think it's a Nigerian scam, everyone will cash it. >>> >>> don't cash, or endorse them over to the state. >> >> What check? Whose check? >> I haven't ever seen a CHECK. What jackass thing do I have to do to get >> one? >> >> > > Pay state income taxes. And apparently live in Oregon. What do they do with the refunds of deceased residents? -- Paul A. Thomas, CPA Athens, Georgia
Re: Average Oregon "kicker" check could be $285 this fall
Author: Scratch
Date: Tue, 21 Aug 2007 14:26
Date: Tue, 21 Aug 2007 14:26
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Lobby Dosser <lobby.dosser.mapson@verizon.net> wrote in news:BOxyi.6744 $pf3.5470@trndny06: > "Bjorn Berg f/Fergie Berg and All the Ships at S" > <thisjukeboxplays33rpm@yahoo.com> wrote: > >> On Aug 20, 9:41 pm, lein <boomer_the_...@my-deja.com> wrote: >>> On Aug 20, 6:36 pm, "Paul Thomas" <paulthomas...@bellsouth.net> >>> wrote: >>> >>> >>> >>> >>> >>> > "lein" <boomer_the_...@my-deja.com> wrote >>> >>> > >> > News article from The (Portland) Oregonian - August 20, 2007 >>> > >> > The median kicker refund is expected to be about $285 and the >>> > >> > checks should be mailed around Thanksgiving, providing a boost >>> > >> > to retailers and >>> > >> > debt-riddled consumers during the Christmas shopping season. >>> >>> > >> Yup. Now that'll pull those folks out of debt. >>> >>> > >> Who are they kidding? >>> >>> > > Nobody is forced to take it. >>> >>> > They're mailing out checks. Except for a couple of thousand folks >>> > that'll think it's a Nigerian scam, everyone will cash it. >>> >>> don't cash, or endorse them over to the state. >> >> What check? Whose check? >> I haven't ever seen a CHECK. What jackass thing do I have to do to get >> one? >> >> > > Pay state income taxes. > LOL :)
Re: Average Oregon "kicker" check could be $285 this fall
Author: Scratch
Date: Tue, 21 Aug 2007 14:27
Date: Tue, 21 Aug 2007 14:27
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"Paul Thomas, CPA" <paulthomascpapc@bellsouth.net> wrote in news:Q2Byi.52665$pu2.23291@bignews1.bellsouth.net: > > "Lobby Dosser" wrote >> "Bjorn Berg f/Fergie Berg and All the Ships at S" wrote: > > >>>> > They're mailing out checks. Except for a couple of thousand folks >>>> > that'll think it's a Nigerian scam, everyone will cash it. >>>> >>>> don't cash, or endorse them over to the state. >>> >>> What check? Whose check? >>> I haven't ever seen a CHECK. What jackass thing do I have to do to get >>> one? >>> >>> >> >> Pay state income taxes. > > > > And apparently live in Oregon. > > What do they do with the refunds of deceased residents? > > > > 5 card stud?
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