2015 forecast: Double digit spending & 40 tax increases

Double digit spending & 40 tax increases proposed for 2015 Legislative Session By Taxpayer Association of Oregon Foundation Governor’s Budget & Proposals – Nearly 11% State spending increase – Freeze building new prison beds – $800 million in new government programs – Taking the people’s Kicker Income Tax refund – Creating the nation’s first billion…

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LIst of tax measures on November 2014 Ballot

There are over 50 local tax measures, bonds and levies on the Oregon November ballot.   Oregon Tax News is providing a large perspective on what is occurring at the local level among voters and tax measures. Clackamas County 3-446 Gladstone Library levy 3-447 Clackamas Comm. College Bonds 3-449 Colton Schools – Bonds 3-450 Vector Control…

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Top 10 disturbing facts about Cover Oregon

By Taxpayer Foundation Of Oregon, Families can’t afford health care because Cover Oregon wasted ¼ billion.  Force yourself to read this entire article to fully understand how utterly catastrophic our state leaders have failed us. Top 10 disturbing facts about Cover Oregon Oregon spent a ¼ billion on a health care website that failed to…

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Oregon property taxes up

Oregon property taxes up Many Washington County property owners will see as much as 13% property tax increase. Some Portland homes will witness an 11% increase in their property taxes. Clackamas property owners will see an average of 3% increase. Multnomah County homeowners will see a substantial increase in property taxes as a result of…

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Health Exchanges performing poorly — Oregon, California

Nearly a month into Oregon’s Health Care Exchange and it is still not working and facing painful delays. The website’s failure is a gross disappointment despite the project’s spending over $82 million in taxpayer dollars. This is made even worse knowing the fact that Oregon was awarded the third largest federal grant to build the…

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Oregon solar industry has bleak summer

Taxpayer Foundation of Oregon Three of Oregon’s solar companies are laying of hundreds of employees as 2013 marks a terrible year for the solar industry. The solar industry has been heavily supported by taxpayer funds through tax credits and other financing operations. Salem’s Sanyo Solar announced the layoff of 52 workers, but will continue to…

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Oregon tops in Zombie Foreclosures

By Oregon Tax News With 52% of foreclosed homes in the state vacant, Oregon has the fourth highest rate of “zombie foreclosures” in the country. A “zombie foreclosure” is an unoccupied home in foreclosure, but not yet foreclosed. Half of the approximately 2300 Oregon homes in foreclosure, but not yet foreclosed, are vacant, and almost…

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Homeownership lowest in 17 years

By Oregon Tax News, Reaching the lowest point in 17 years, homeownership dropped to a seasonally adjusted 65.2 percent in the first quarter as more people chose to rent instead of purchase a home. The rate of homeownership peaked at 69.4 percent in 2004, and has followed a downward trend since the collapse of the…

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What You Need to Know About the Internet Sales Tax

By Oregon Tax News, What You Need to Know About the Internet Sales Tax This week the Senate passed the so-called Marketplace Fairness Act by a vote of 69 to 27.  Here are some important things to know about the bill. 1. Allows states to capture $11 billion in taxable income. it allows the 45…

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