• :
  • Member Center
  • :
  • Make This Your Home Page
  • :
  • Special Offers
HealthWebCenter

Local experts provide the latest information on Healthcare issues that matter to you

fresh ideas Fresh Ideas with Leigh Ann:
Recipes and Quick Tips
Impact of proposed Ore. income tax hike

07:10 PM PDT on Monday, August 18, 2003

Associated Press

Average state income tax increases under a proposed three-year surtax being considered by the Oregon Senate; takes into account less federal tax would be owed because of a higher deduction for state taxes:

SINGLE FILERS

Income Under $10,000, no increase

$20,000 to $30,000, annual tax increase $30

$30,000 to $40,000, $76

$40,000 to $50,000, $105

$50,000 to $70,000, $147

$70,000 to $100,000, $250

$100,000 to $200,000, $492

Average for all single filer returns: $58 tax increase

JOINT RETURNS

Under $20,000, no tax increase

$20,000 to $30,000, $7 tax increase

$30,000 to $40,000, $13

$40,000 to $50,000, $36

$50,000 to $70,000, $88

$70,000 to $100,000, $177

$100,000 to $200,000, $370

Average for all joint returns: $155 tax increase

------

Average for all tax returns: $111 tax increase

Median Oregon household income: $40,900 in 2002 Census

(Copyright 2003 by The Associated Press. All Rights Reserved.)

Advertisement

Popular Stories