Oregon Increases Maximum Deductible on State Income Tax Return, Measure 88 (2000)

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The Oregon Increases Maximum Deductible on State Income Tax Return Act, also known as Measure 88, was on the November 7, 2000 ballot in Oregon as a legislatively-referred state statute, where it was approved. The measure increased the maximum deductible on state income tax returns for federal income taxes paid.[1]

Election results

Oregon Measure 88 (2000)
ResultVotesPercentage
Approveda Yes 739,270 50.52%
No724,09749.48%

Election results via: Oregon Blue Book

Ballot title

Increases Maximum Deductible In Oregon For Federal Income Taxes Paid[2]

Support

Supporters of the measure favor putting more money back in the hands of the people of Oregon and allowing them to invest or save more of what they earn. They point out that Oregon public education and the Oregon Health Plan are protected from "severe" cuts. [3]

Opposition

Those opposed are concerned with the effect the cuts will have on education.

Supporters from The Oregon PTA (Oregon Congress of Parents and Teachers)said, "This measure would cost $167 million in the next two years and $260 million in the two years after that. It is inconceivable to even think about such an enormous loss of funds."

Many opposed point out that working class Oregonians wont even benefit from the tax cuts and that it will only help out the high income families and give minimal benefit to middle class ones. [4]

See also

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