January 15, 2015 • By ITEP Staff
“New study re-emphasizes a longstanding reality: Oregonians have it much better than they imagine when it comes to taxes, while Washington residents ought to be rebelling Oregon mostly gets it right Although you’d never guess based on the complaining, Oregon lawmakers and voters have done quite a good job of designing a tax system that […]
October 7, 2014 • By ITEP Staff
Say that you’re the sole breadwinner for your family and you earn $100,000 a year in Oregon. Would you pack your belongings and move your family north to Washington for a $40 monthly raise? It’s hard to imagine. That is why any Oregon business worried that it might lose employees to firms in Washington […]
September 17, 2014 • By ITEP Staff
Oregon’s tax system takes a lot of hits, from business figures who think high income taxes discourage investment to seniors who say it’s a struggle to pay property taxes on a fixed income.… This approach certainly fits with the approach of such groups as Citizens for Tax Justice, which has long argued that most state […]
April 15, 2014 • By ITEP Staff
Tax Facts That Matter – 2014 Edition Read the Full Report
April 14, 2014 • By ITEP Staff
Tax Facts That Matter: 2014 Edition Full Report
March 20, 2014 • By ITEP Staff
Some highly profitable corporations are finding ways to avoid paying any state income taxes, Oregon and national data show. At least 24 corporations that made a profit in Oregon in 2011, including eight with profits of over $5 million, paid no Oregon income taxes for that year, according to the Oregon Center for Public Policy’s […]
March 20, 2014 • By ITEP Staff
(Original Post) By Christian Gaston | [email protected] on March 19, 2014 at 7:00 PM, updated March 19, 2014 at 7:08 PM At least two dozen profitable corporations paid no Oregon income taxes in 2011, according to a new study by the Oregon Center for Public Policy. The Silverton-based think tank sifted through data from the […]
February 26, 2014 • By ITEP Staff
The same company whose lawsuit made it possible for corporations to side-step Oregon’s corporate minimum tax turns out to be a federal corporate income tax avoider, as well. The trucking company Con-way had a negative effective federal income tax rate over the 2008 to 2012 period, despite making $587 million in profits over those five […]
December 30, 2013 • By ITEP Staff
(Original Post) By Christian Gaston | [email protected] Email the author | Follow on Twitter on December 28, 2013 at 9:00 AM, updated December 30, 2013 at 10:06 AM Email Get top news in your inbox every morning. Sign up for email updates here. Sponsored Link Oregon’s tax system is a cobbled-together mess. Property tax rules […]
September 26, 2013 • By ITEP Staff
The revenue package that Governor Kitzhaber has presented to the Oregon legislature to consider in a special session starting September 30 suffers from three major flaws: revenue shrinks after the current budget period, it’s mainly a tax cut for some of Oregon’s wealthiest 1 percent, and it won’t create any jobs, despite what its proponents […]
August 12, 2013 • By ITEP Staff
My Wednesday post about the latest tax proposals from Our Oregon -- a political group closely associated with the state's public employee unions -- has drawn more comments than almost any other story on Oregonlive.
July 15, 2013 • By ITEP Staff
(Original Post) OPB | July 12, 2013 3:38 p.m. | Portland, Oregon A new national report indicates that undocumented immigrants in Oregon paid about $94 million in state and local taxes in 2010. The Institute on Taxation and Economic Policy findings are based on figures from the 2010 U.S. Census and the Pew Research Hispanic […]
April 30, 2013 • By ITEP Staff
The desire to help small business owners is understandable, as they are an important component of our economy and communities. However, the granting of preferential tax treatment for people reporting “business income,” as some lawmakers are considering under a banner of “helping small business,” is a terribly misguided idea. Read the Full Report
February 4, 2013 • By ITEP Staff
Written by Kris Nelson Commentary The flaws in Oregon’s property tax structure have begun to receive widespread attention. The tax rate limitations and use of taxable assessments emanating from Measures 5 and 50 have resulted in economic distortions and disparities in tax bills among property owners. Our previous study of the cumulative effects of Measure […]
January 15, 2013 • By ITEP Staff
This issue brief examines seven reasons why giving special treatment to income from capital gains is a terrible idea: it would not stimulate additional economic growth, it would not attract much venture capital, it would waste millions chasing after the few Oregonians who move to Washington to avoid Oregon income taxes, it would mainly benefit […]
January 15, 2013 • By ITEP Staff
The “close of session” economic and revenue forecast released in late August by the Office of Economic Analysis confirmed that personal income tax revenues for the 2005-07 budget cycle exceeded the 2005 close of session forecast by 2 percent or more.1 Under Oregon law, the Department of Revenue will send – or “kick back” – […]
January 15, 2013 • By ITEP Staff
Measure 59, which would allow an unlimited deduction of federal income taxes on state tax returns, offers no tax break to more than three out of four Oregon taxpayers. And yet the measure’s hefty price tag — more than about 9 percent of General Fund revenues, each budget cycle — would force deep cuts in […]
January 15, 2013 • By ITEP Staff
Next year, the Oregon Legislative Assembly may face two different income tax measures purporting to help working families. One plan, proposed by Republicans in the legislature, would double the size of Oregon’s two lowest income tax brackets, doubling the share of income that is taxed at 5 and 7 percent (hereinafter, the “Tax Bracket Increase”).[1] […]
January 14, 2013 • By ITEP Staff
The Jobs and Transportation Act’s Regressive Tax and Fee Increases Will Set Back Low-Income Working Families With Children Unless the Legislature Enacts a Modest EITC Expansion Read the Full Report (PDF)
January 14, 2013 • By ITEP Staff
Today, low-income Oregonians pay a larger share of their income in state and local taxes than wealthy Oregonians. In fact, the highest-income Oregonians pay the lowest share of their income in state and local taxes. In addition to raising needed revenue, Measures 66 and 67 begin to address this imbalance. Facing a revenue crisis brought […]
January 14, 2013 • By ITEP Staff
Recent public discussion emerging from Oregon’s gubernatorial race focuses on, and at times exaggerates, the costs to Oregon of providing certain public services to undocumented immigrant workers and their families. Relatively little has been mentioned about the contributions undocumented workers make to Oregon. Read the Original Full Report
January 7, 2013 • By ITEP Staff
(PDF of the Original Post) By Nick Budnick / The Bulletin Published: January 14. 2010 4:00AM PST SALEM — Both sides of the tax battle over the Jan. 26 ballot argue that they, and not their opponent, are the champions of tax fairness in Oregon. The union-backed coalition that is supporting Measures 66 and 67, […]
January 7, 2013 • By ITEP Staff
(PDF of the Original Post) By Froma Harrop A daffy Wall Street Journal editorial about the “vanishing millionaires” of Oregon lit a spark in a fairly humorless week. It offers the usual boilerplate about the rich fleeing to tax-friendlier provinces because their state raised taxes, but this time with a great visual: “One-quarter of the […]
January 4, 2013 • By ITEP Staff
(Original Post) Posted: 03/31/11 09:21 PM ET Virtually every state in the country has a tax system that heavily favors the rich. Despite this fact, only a handful of states responded to the revenue slump brought on by the Great Recession with any sort of tax increase on this favored group. What gives? With so […]
December 21, 2012 • By ITEP Staff
(Original Post) The Sunday Oregonian (Portland, Oregon) September 20, 2009 SundaySunrise Edition TAXING THE RICH It’s not class warfare, it’s just common sense NEAL PEIRCE In a dramatic break from tax trends of recent decades, eight states have voted this year to push up the percentages of income that their wealthiest citizens must pay. Connecticut […]