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1990 Oregon Ballot Measure 5. Ballot Measure 5 was a landmark piece of direct legislation in the U.S. state of Oregon in 1990. Measure 5, an amendment to the Oregon Constitution (Article XI, Section 11), established limits on Oregon's property taxes on real estate. Its primary champion and spokesman was Don McIntire, [1] a politically-active ...
Oregon Ballot Measures 47 and 50. Ballot Measure 47 was an initiative in the U.S. state of Oregon that passed in 1996, affecting the assessment of property taxes and instituting a double majority provision for tax legislation. Measure 50 was a revised version of the law, which also passed, after being referred to the voters by the 1997 state ...
Oregon tax rebate. The Oregon tax rebate, commonly referred to as the kicker, is a rebate calculated for both individual and corporate taxpayers in the U.S. state of Oregon when a revenue surplus exists. The Oregon Constitution mandates that the rebate be issued when the calculated revenue for a given biennium exceeds the forecast revenue by at ...
t. e. Median household income and taxes. Most local governments in the United States impose a property tax, also known as a millage rate, as a principal source of revenue. [1] This tax may be imposed on real estate or personal property. The tax is nearly always computed as the fair market value of the property, multiplied by an assessment ratio ...
The amount of property tax is equal to the tax base x the tax rate voted by the municipality. The tax base is equal to 50% of the cadastral rental value of the property (For non-built properties, this tax base is equal to 80%). To this base is then applied the revaluation coefficient. (It stood at 1.012 for 2020).
This state tax applies separately from federal estate taxes, but the federal estate tax exemption is $13.61 million in 2024 for individuals (and double that for couples) affects only a few.
Bill Sizemore (born June 2, 1951) is an American political activist and writer in Redmond, Oregon, United States. [ 1] Sizemore has never held elected office, but has nonetheless been a major political figure in Oregon since the 1990s. He is considered one of the main proponents of the Oregon tax revolt, a movement that seeks to reduce taxes in ...
The gross domestic product (GDP) of Oregon in 2013 was $219.6 billion, a 2.7% increase from 2012; Oregon is the 25th wealthiest state by GDP. In 2003, Oregon was 28th in the U.S. by GDP. The state's per capita personal income (PCPI) in 2013 was $39,848, a 1.5% increase from 2012. Oregon ranks 33rd in the U.S. by PCPI, compared to 31st in 2003.
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