Results for Think Out Loud (Other Results)
Getting your taxes done right is complicated enough if you're a lifelong, English-speaking native. For immigrants who may not speak English and may be coming from countries with little to no tax enforcement, filing taxes can be even more difficult. Matthew Erdman is a lawyer who helps Latino immigrants file their taxes. He says he's had clients come to his office with boxes full of unopened letters from the IRS that they've avoided out of anxiety or general tax illiteracy. Erdman says some undocumented immigrants worry that filing their taxes may attract unwanted attention from Immigration and Customs Enforcement. There are a number of places in Oregon where immigrants can get help filing taxes, but there are also predatory tax preparers that aim to take advantage of people not familiar with the tax system. What is the best way for immigrants to navigate taxes?
On Wednesday, the Portland City Council will vote on whether to refer the Arts Education and Access Fund to the November ballot. The $35 citywide income tax would apply to all Portlanders over the age of 18 whose incomes are above the federal poverty level. If voters approve the tax in November, it's expected to raise about $8 million in the first year and $12 million per year after that. A little over half of the money would go towards funding arts and music programs in Portland area elementary schools. The remainder would go the the Regional Arts and Culture Council (RACC) which would choose local arts organizations to receive a portion of the funds. If it passes, the arts tax levy would likely join at least two other tax levies on the November ballot. Multnomah County is considering a library levy and Portland Public Schools may put another levy before voters as well. Oregonians have a mixed record when it comes to voting on local income taxes. Multnomah County voters approved an income tax in 2003, but Eugene residents voted down a citywide income tax for school funding this past May.
Are you a resident of Oregon who shops in Washington? If so, do you make sure to tell merchants where you're from in order to avoid paying the state sales tax? Well that exemption may change as Washington lawmakers are considering repealing the long-standing sales tax exemption for out-of-state visitors. Supporters say that that the revenue is needed to help fund all-day kindergarten and that visitors with sales taxes in their home states don't mind paying Washington's sales tax. Washington business groups oppose the move, saying it would discourage tourism. Oregon, Alaska and Montana are among the small number of states that do not have a sales tax. The current exemption only applies to visitors from those states. We'll find out where HB 2791 stands and check in on a number of other issues that Washington lawmakers have been dealing with in their short 2012 session.
Hopefully you're done with your taxes by now (unless you got an extension). Perhaps while you were filling out all that paperwork, you came across some things that made you stop and say, "Why is this here?" or "What is this all about anyway?" There are quite a few eccentricities to the Oregon tax code. For example, Oregon is one of only four states that allows people to write off political contributions up to $50 (or $100 for married couples). Apparently, the goal is to motivate people to get involved (and invested) in the political process, even if it costs the state millions of dollars every year.
By January 26th you'll be voting on two tax measures. The Oregonian has a handy calculator to see how each proposed tax could affect you.
Measure 66 would raise income taxes for families that earn more than $250,000. It would raise nearly $500 million to balance the current state budget.
Measure 67 would raise the minimum tax corporations pay from $10 to $150. It also changes the way some corporations are taxed. It would raise more than $250 million to balance the current state budget.
The race is very close according to a poll (pdf) by OPB, Fox 12 and the Portland Tribune.
The proposed federal economic stimulus package passed by the US House is roughly two thirds spending and one third tax cuts. On Thursday we talked about the two billion dollars Oregon might get to repair roads, fix public housing, wisen up the electric grid and more. Monday we'll look at how the variety of tax changes might play out in the Northwest.
Portland residents voted in an arts tax last fall that has faced some challenges in getting implemented. The City Council tweaked the ordinance to tax fewer low-income residents, and pushed back the due date from April 15 to May 15. The tax is still facing a legal challenge from Lewis and Clark Law School Professor Jack Bogdanski, and some leaders, like City Commissioner Steve Novick, still want to make significant changes. The revenue collected from the tax will go to several local school districts, with remaining funds going to the Regional Arts and Culture Council. Portland Public Schools, one of the recipients of the tax revenue, is expecting to add 46 new arts teachers if the tax is upheld.
Right now credit unions are not-for-profit institutions that don't have to pay corporate excise taxes in Oregon. But House Bill 2486 would change that by imposing an excise tax on certain credit unions. Two other bills would increase regulation on those not-for-profit institutions by mandating community lending standards and disclosure of lending practices. Banks in Oregon argue the tax breaks credit unions enjoy are undeserved when many of them now compare with small banks in membership and capital. Scott Burgess, CEO/President of Rivermark Credit Union, says credit unions still deserve tax-exempt status because
as credit-unions, we're not-for-profit and member-owned. Our focus is on making sure our members have lower loan rates, and higher deposit rates. Banks' focus may also be on the customer in part, but it's really going to be in enhancing share value."
Results for OPB
Politics | Nation | Communities | NewsJan. 9, 2017 8:48 p.m.
Oregon Gov. Kate Brown took the oath of office Monday and called on lawmakers to pursue pension reform and tax increases to close the state's budget deficit.
As people open their wallets for good causes this time of the year, the Oregon Department of Revenue is warning them to be security conscious.
Initiative Petition 28 would tax companies that make more than $25 million in annual sales.
The Portland City Council unanimously approved a 1 percent tax on new residential and commercial construction and stricter rules for professional lobbyists.
The Portland City Council referred a 3 percent tax on marijuana to the November ballot on Wednesday. One wrinkle? Payments would likely be in cash.
local | News | Business | Election 2016May 10, 2016 9:15 p.m.
In his budget, Mayor Charlie Hales proposed a small increase in the city business tax to raise about $9 million for programs like pay increases for police officers.
Kate Davidson hosts as we dig into the results of a new poll, the politics of the death penalty — and end with "That's So Oregon."
The proposed Portland gas tax is the brainchild of Commissioner Steve Novick. He's tied himself closely to the tax, which isn’t something politicians up for reelection usually do.