January 15, 2015

The Oregonian: Novick’s new street tax may be as good as it gets

media mention

“State taxes are another matter. Anyone who has attended a Revenue Committee meeting in Salem knows how carefully lawmakers examine the “distributional effects” of statewide taxes. Oregon’s Earned Income Tax Credit (EITC) is a good example of what can come from such scrutiny; it not only rewards work but helps to remediate the property taxes and user fees that disproportionately burden low-income working households at the local level as well. In many such ways, our progressive state taxes help to soften the impact of more regressive local taxes. As a result, Oregon regularly ranks as one of the least regressive states in the country for the combined effects of its state and local tax systems, according to the Institute on Taxation and Economic Policy (ITEP).”

Read more



Tags



Share