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Podcast: Cascade CounterPoint
Episode: QP: Restructuring Oregon's Death Tax Would Benefit the State
Description: Oregon’s death tax has earned our state a reputation as “the worst place in the U.S. to die.” The 10-16% tax is levied on Oregon estates valued over $1 million at the time of death. The $1 million threshold hasn’t changed for 20 years, not even to adjust for inflation. It’s time for this to change. House Bill 2301 would raise the tax exemption level to $7 million and decrease the tax rate to 7%.A primary reason to support this bill is the number ofOregon citizens we would stand to keep. People who have enough assets to be affe...