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Oregon edges closer to âkickerâ refund. The latest forecast of Oregon tax revenue is increasing speculation taxpayers could see a kicker refund. If Democratic Gov. John Kitzhaber is re-elected, he will base his budget on the Nov. 13 forecast.
Oregon has a cost of living that ranks as the sixth highest in the nation and a number of retirement tax policies that could put a dent in the budgets of some retirees. Most notably, Oregon taxes income from retirement accounts like a 401(k) or an IRA at the full state income tax rates, which range from 5% to9.9%. That being said, there are a number of other retirement tax policies in Oregon that will benefit many retirees.