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Posted On: 01/28/2021 10:31:41 PM
Post# of 127073
, Oregon businesses will see a 41% increase in state taxes by 2022
Due to recently-passed state tax changes, Oregon businesses will see a 41% increase in state taxes by 2022
Portland passed three new ballot measures this November that will increase property taxes in the city. But even if these measures had failed, property taxes would still go up for homeowners in the Portland metro region, because of the way our tax system is structured. A new report shows that Portland was #5 in the nation for highest property taxes (before this tax increase), but the reason has as much to do with home value assessments as it does the new bonds and levies. It will be interesting to see how Portland ranks in 2021 – will it have the highest property tax rate
Due to recently-passed state tax changes, Oregon businesses will see a 41% increase in state taxes by 2022
Portland passed three new ballot measures this November that will increase property taxes in the city. But even if these measures had failed, property taxes would still go up for homeowners in the Portland metro region, because of the way our tax system is structured. A new report shows that Portland was #5 in the nation for highest property taxes (before this tax increase), but the reason has as much to do with home value assessments as it does the new bonds and levies. It will be interesting to see how Portland ranks in 2021 – will it have the highest property tax rate
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