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OR Measure 66 - Raises tax on household income at and above $250,000 (and $125,000 for individual filers).

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> United States > Oregon > Measures > 2010 Measures > OR 66 - Raise tax on household income above $250,000 (and $125,000 for individual filers)?

Office

Referendum

Type

Referendum

Filing Deadline

July 01, 2009 - 12:00am

Polls Open

January 26, 2010 - 09:00am

Polls Close

January 26, 2010 - 10:00pm

Term Start

March 01, 2010 - 12:00pm

Term End

January 01, 2100 - 12:00pm

Contributor

Scott³

Last Modified

Mr. Matt December 31, 2011 11:53am

Data Sources

[Link]

Description

BALLOT TITLE:
Raises tax on household income at and above $250,000 (and $125,000 for individual filers). Reduces income taxes on unemployment benefits in 2009. Provides funds currently budgeted for education, health care, public safety, other services.

Yes vote: “Yes” vote raises tax on incomes above $250,000 for households, $125,000 for individual filers. Tax rate increases 1.8 percentage points on amount of taxable income between $250,000 and $500,000, 2 percentage points on amount above $500,000 for households. For individual filers, the rate increases begin at $125,000 and $250,000 respectively. Eliminates income taxes on the first $2,400 of unemployment benefits received in 2009. Raises estimated $472 million to provide funds currently budgeted for education, health care, public safety, other services.

No vote: “No” vote rejects tax changes on incomes at and above $250,000 for households, $125,000 for individual filers. Rejects tax exemption for first $2,400 of unemployment benefits received in 2009. Leaves amount currently budgeted for education, health care, public safety, other services underfunded by estimated $472 million.

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