business, Government, OREGON

With revenues up $725 million, Oregon taxpayers should expect kicker in 2024, forecast says

The Oregon Capitol building in Salem. Photo: Chas Hundley

The Oregon Department of Administrative Services (DAS) issued this week a quarterly economic forecast predicting higher wages increasing projected tax revenue will allow the state to recover more quickly from the recession, triggered by the ongoing COVID-19 pandemic than it did from The Great Recession of the early 2000s.

Oregon’s increasing wages, up about 8 percent since March 2020, may . . .

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