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It was approved and was enacted in January 2021. [7] Under it, individuals with earnings of over $125,000 annually and couples with earnings over $200,000 are subject to 1% marginal income tax. Businesses with a gross revenue over $5 million are also subject to a 1% business tax. [8] [9]
The tax funds Portland school teachers, and art focused non-profit organizations in Portland. [64] The State of Oregon also allows transit district to levy an income tax on employers and the self-employed. The State currently collects the tax for TriMet and the Lane Transit District. [65] [66] Oregon is one of six states with a revenue limit. [67]
TriMet operates a light rail system (MAX Light Rail), the Portland Streetcar, and a commuter rail line (WES Commuter Rail). TriMet is "a municipal corporation of the State of Oregon", with powers to tax, issue bonds, and enact police ordinances and is governed by a seven-member board of directors appointed by the Governor of Oregon. [8]
Cherriots added Sunday service as part of their rebranding on September 5, 2021. [56] Holiday service is also available, operating on "Saturday" or "Sunday" service levels. [57] The system's main hub is the Downtown Transit Center at Courthouse Square in Salem, located a few blocks from the Oregon State Capitol building.
The transit agency depends on sales taxes for more than two-thirds of its operating revenue. ... It would repeal the 2021 Washington Climate Commitment Act and ban state agencies from implementing ...
Like transportation in the rest of the United States, the primary mode of local transportation in Portland, Oregon is the automobile. Metro , the metropolitan area's regional government, has a regional master plan in which transit-oriented development plays a major role. [ 1 ]
Ben Franklin Transit’s sales tax revenue has nearly doubled over the past decade, from about $28 million in 2014 to $53 million in 2024. Their expenses have also grown along the same pace, from ...
2021 Tax Deadlines for Estimated Taxes. Period. Tax Filing Deadline. Jan. 1 to March 31, 2020. April 15, 2021. April 1 to May 31, 2020. June 17, 2021. June 1 to Aug ...
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