Proposed Oregon taxes

[joken]

Below is a short list of some of the tax plans they are proposing

SJR 3 – Direct kicker to the Education Stability Fund (Joint Resolution)
SB 209 – Creates a $10K homestead exemption
SB 208 – Increases the progressivity of the corporation minimum tax
SB 189 – Modifies tax expenditure definition
Sb 214 – Change income tax connection point
SJR 1 – Requires Legislature to ensure property taxes are equitable and fairly apportioned (Joint Resolution)
HJR 4 – Tax business property at RMV (Joint Resolution)
Hb 2167 – Tax business property at RM
HB 2166 – Local government data access (Lodging Tax)
HJR 3 – Sets MAV equal to RMV for business property (Joint Resolution)
HJR 2 – Assesses residential property above $1M at real market value (Joint Resolution)
HB 2161 – Limits property tax exemption to charity care amounts for hospitals and health clinics
HB 2160 – Extends minimum tax to all corporation selling in to Oregon
HB 2159 – Imposes tax on vaping products
HB 2158 – Removes per cigar tax limit
HB 2157 – Removes the on‐time discount for business property taxes
HB 2156 – Increases corporate income tax rates
Hb 2146 – Increases the S‐corporate minimum tax
Hb 2145 – Increases the C‐corporation tax rates
HB 2125 – Increases beer and wine taxes
HB 2123 – Add vaping products to other Tobacco

— Full list of tax plans introduced in a single day…Here and Here. Expect updates to this list.

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[joken]

RMV tax on business property is huge. Imagine if it is on rental dwellings.

 

[JRuby]

Like we need more taxes. Our legislators need to learn how to live on the budget they have.

 

[joken]

How is property tax a function of the state? The County assesses and collects.

 

[RicInOR]

Like we need more taxes. Our legislators need to learn how to live on the budget they have.

Sounds familiar ... where did I hear that before ....

... The problem is not that people are taxed too little, the problem is that government spends too much.

- Ronnie

"It's Not a Revenue Problem. It's a Spending Problem.'

Speaker of the House John Boehner explained: "Washington does not have a revenue problem. Washington has a spending problem."

Majority Leader Eric Cantor got the same question. "The fact [that] I think most Americans get, Washington does not have a revenue problem. It's got a spending problem."

Orrin Hatch completed the loop. "We don't have a revenue problem," said Hatch. "We all know we have a spending problem."

... they got it from Ronald Reagan. On March 28, 1982,

"We don't have a trillion-dollar debt because we have not taxed enough," said Reagan, "but we have a trillion dollar debt because we spend too much."

"The U.S. government is not running sustained deficits because Americans are taxed too little," the authors write. "The government is running deficits because it spends too much." A few paragraphs later, we get the short version. "Washington has a spending problem, not a revenue problem." Say it enough, and maybe it'll become true.

Paul Ryan (+staff)

 

[NW Backpacker]

Looks like a BIG pile of new taxes. Which party did you say had complete control?

 

[CoastRange57]

RMV tax on business property is huge. Imagine if it is on rental dwellings.

Exactly. Que the fights on determining RMV. The one below that on residential property at RMV is going to generate some major cash too, and again que the fights on determining RMV.

I heard of one that is proposed..and I digress here a bit, because proposed with the super majority Demorat Legislature means we are going to ram this so far up your azzes you will never see the light of day.

Back to my point, that there is some kind of proposed tax on heavy equipment rentals. I have not found out anything yet, so I guess I need to call my sales rep at Power Rents to find out, I can imagine they are not terribly please about that.

BOHICA !!!!

 

[Nick Burkhardt]

Not to mention the tax raises that Kate Brown has already added to her budget

Proposed Liquor Tax Tucked Away In Gov. Kate Brown's Budget

Gov. Kate Brown Quietly Balances Budget With Increase To 'Minimum' Business Tax

 

[CountryGent]

SJR 3 – Direct kicker to the Education Stability Fund (Joint Resolution)

I recall some whining that they wouldn't vote for Buehler because he was open to a temporary suspension of the Kicker. Well to those, guess what, say goodbye to your Kicker check forever and say hello to crippling taxes and infringements to your 2A rights.

That aside, there is a reason why we're looking to head out from the state. We're in for well over half of everything we earn. That is already insane, so any more is simply untenable. Put another way, there is almost nothing we can do about the Federal tax monstrosity, but there is a solution to theft going on at the local and state level.

 

[ARKLITE881South]

We are, becoming a mirror of kommifornia

 

[joken]

Our property tax here in Benton County OR are skyrocketing, up 17% in two years on one property.

 

[Hawaiian]

They will tax anything and everything they can so they have money to support their socialist programs.
Increase the alcohol tax? Because of the existing tax liquor costs more here that in Hawaii where it has to be shipped across the ocean. I had sticker shock when I moved here and saw the price of alcohol.

 

[JuglansRegia]

But, but the homeless need more services, I mean what would we do without them, there wouldn't be anything to report on the news every night.

 

[3MTA3]

Like we need more taxes. Our legislators need to learn how to live on the budget they have.

LOL - This post should be moved to "Not Enough Goofy Humor"

 

[3MTA3]

But, but the homeless need more services, I mean what would we do without them, there wouldn't be anything to report on the news every night.

Without the homeless all the people who clean up their trash and scrape their crap off the sidewalks would be out of jobs...

 

[Nick Burkhardt]

Property tax rates in Oregon's 36 counties, ranked

 

[CoastRange57]

Property tax rates in Oregon's 36 counties, ranked

Everybody better read this, compare your assessed value now, see what the sale comps for your property and then see how much your taxes will go up when they ram it up your ads.

 

[Nick Burkhardt]

Everybody better read this, compare your assessed value now, see what the sale comps for your property and then see how much your taxes will go up when they ram it up your ads.

Since Oregon Ballot Measures 47/50 property taxes are based on the MAV Maximum Assessed Value of a property not the RMV real market value. The MAV was a rollback and cap which rolled back the value to the 1995/96 tax year minus 10% then placed a cap on the increase of 3% a year. Improvements of more than $10,000 in any one year or $25,000 in a rolling five year period can be added to the MAV. New construction since 1995 gets its MAV figured by a complicated formula which the Oregon Department Of Revenue ODOR refers to as a "black box". So while sales in the neighborhood may raise your RMV, they wont raise your taxes if you do not add to or inprove your property.

 

[Nick Burkhardt]

As far as:

HJR 4 – Tax business property at RMV (Joint Resolution)
Hb 2167 – Tax business property at RM
HB 2166 – Local government data access (Lodging Tax)
HJR 3 – Sets MAV equal to RMV for business property (Joint Resolution)
HJR 2 – Assesses residential property above $1M at real market value (Joint Resolution)

The so called "split tax roll" where some property is taxed more than others, has been proposed several times for as long as I can remember. It was never popular since this would really soak business owners and people who own vacant land.

 

[cigars]

"HB 2158 – Removes per cigar tax limit"
Cigars is getting angry...