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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.
At the current time, CONUS COLA is the only taxable allowance. However, under federal law, all allowances created after 1986 are supposed to be taxable. Annual âCOLAâ goes into base pay which is taxable â COLA would be better named Annual base pay increase due to higner cost of living.