Oregon Legislature Enacts Slew of Tax Hikes, Including “Millionaires’ Tax”
July 9, 2009
The new tax laws passed by the Oregon legislature and awaiting the governor’s signature are “short-sighted political patchwork,” according to a new Tax Foundation study by Tax Foundation Researcher Jack Mountjoy and Director of State Projects Joseph Henchman. State lawmakers have added two new personal income tax rates: a 10.8% rate on singles with taxable income over $125,000 (couples over $250,000) and an 11% rate on incomes twice that high. Both are retroactive to January 1, 2009.
Was this page helpful to you?
The Tax Foundation works hard to provide insightful tax policy analysis. Our work depends on support from members of the public like you. Would you consider contributing to our work?Contribute to the Tax Foundation
Let us know how we can better serve you!
We work hard to make our analysis as useful as possible. Would you consider telling us more about how we can do better?Give Us Feedback