Taxing The Other Guy In Oregon

Oregon residents don’t like taxes much. Except when someone else is paying. On Tuesday, voters in the state approved two ballot measures increasing taxes on high-income individuals and businesses. Oregon residents in the top tax bracket will now face an 11 percent state income tax rate, the highest in the United States. The new increase will affect individuals earning at least $125,000 and couples earning at least $250,000. The corporate …