Politics
Originally published on Wed December 21, 2011 2:59 pm
SALEM, Ore. – President Obama and House Republicans continue to spar over whether to extend a soon-to-expire payroll tax cut. But one group of Oregonians will definitely see their taxes go down in January. They’re the wealthiest taxpayers.
When Oregon voters approved Measure 66 nearly two years ago, income taxes immediately rose for the highest tier of earners in the state. But the jump was temporary.
Starting this January 1st, the rate will drop back, though not all the way to pre-Measure 66 levels.
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