(2/08/10) Despite recent tax increases the Oregon legislature is still at least $100-million dollars in the hole for this year's budget. A revenue forecast that came out today revealed that lawmakers may have to make up as much as $180-million dollars. To offset that shortage legislators are considering a measure that would cut tax credits for Oregon’s wind farm industry. Morgan Pierce of Ashland uses the wind credits and says pulling the money could create financial problems for his operation. "The reason we went into it was because of all the tax incentives, if they start pulling the money back after we applied for it that could be a problem."The wind farm industry in Oregon has grown by $50-million dollars since the state started offering tax dollars. Lawmakers say lower than expected revenue from income taxes may be the reason for the budget shortage.
























