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Median household income and taxes State Tax Burdens 2022 % of income. State tax levels indicate both the tax burden and the services a state can afford to provide residents. States use a different combination of sales, income, excise taxes, and user fees. Some are levied directly from residents and others are levied indirectly.
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]
State School Fund 2.0: March 2015 [10] Public lands 9 Oregon: Oregon Common School Fund: 1.4: December 2016 [11] Public lands 10 Louisiana: Louisiana Education Quality Trust Fund: 1.3: June 2016 [12] Petroleum: 11 Montana: Coal Severance Tax Trust Fund & Public School Trust 1.2: June 2016 [13] Fossil fuels / Public lands
Reducing the rate to 5 cents would save the average taxpayer less than $2 per month according to the Ben Franklin Transit Citizen Advisory Network and cost transit services more than $100 million.
State Tax Burdens 2022 % of income. State tax rules vary widely. The tax rate may be fixed for all income levels and taxpayers of a certain type, or it may be graduated. Tax rates may differ for individuals and corporations. Most states conform to federal rules for determining: gross income, timing of recognition of income and deductions,
A condition of the TriMet ordinance permitting the withdrawal was that Wilsonville had to provide replacement transit service for at least one year. [1] The change enabled the city to reduce the rate of the payroll tax levied on area businesses for transit from 0.6 percent to 0.3 percent.
Ben Franklin Transit’s board is reviving a push to reduce its local sales tax, at a time when the transit system could already be set to lose roughly 10% of its funding due to a statewide ballot ...
The passage of Oregon House Bill 2017, which provides state funds for transit districts across Oregon, could restore services lost to budget cuts in 2008 and 2009. [52] HB 2017 could bring $5 million to $6 million per year to support transit in the Salem-Keizer area, as well as some regional services to smaller cities in Marion and Polk counties.