Oregon has long had one of the most volatile tax systems in the country. When in 1990 Measure 5 limited property taxes to $15 per $1,000 real market value, the result was a stronger reliance on corporate and income taxes to fund state programs like education, public health and public safety.That, combined with Oregonians’ aversion over the past decades to anything resembling a sales tax, has meant that when economic times are hard here, revenue drops, sometimes precipitously, and legislators must slash the budget.
Revenue Idea: A Sales Tax?; To Steady Oregon’s Cash Flow, Some Float A Fix Unpopular With The People
BendBulletin.com > RSS Central Oregon News feed, The Bulletin (Bend)
Sun, 08/04/2013 - 5:00am
Sections: u.s.
Topics: Oregon Deschutes County Bend
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