Oregon Measure Nos. 322-323, Property Tax Reduction and Income Tax Increase Initiative (1932)
| Oregon Measure Nos. 322-323 | |
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| Election date |
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| Topic Property and Taxes |
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| Status |
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| Type Initiated constitutional amendment |
Origin |
Oregon Measure Nos. 322-323 was on the ballot as an initiated constitutional amendment in Oregon on November 8, 1932. It was defeated.
A "yes" vote supported reducing property taxes by increasing taxes from 5% to 8% on net personal incomes exceeding $5,000 and decreasing tax exemptions. |
A "no" vote opposed reducing property taxes by increasing taxes from 5% to 8% on net personal incomes exceeding $5,000 and decreasing tax exemptions. |
Election results
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Oregon Measure Nos. 322-323 |
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| Result | Votes | Percentage | ||
| Yes | 144,502 | 47.07% | ||
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162,468 | 52.93% | ||
Text of measure
Ballot title
The ballot title for Measure Nos. 322-323 was as follows:
| “ | Initiative Bill - Proposed by Initiative Petition - Vote YES or NO PERSONAL INCOME TAX LAW AMENDMENT BILL - Purpose: To further reduce property taxes by advancing the tax rates on net personal incomes in excess of $5,000.00 from 5 to a maximum of 8 per cent; substituting an exemption from the total tax of $10.00 for a single person, $20.00 for a married person, head of a family, or husband and wife, and $4.00 for each dependent, instead of the present income exemptions of $1,500.00, $2,500.00 and $400.00, respectively; and amending the provisions of the law so as to apply to the entire income of residents from personal service. | ” |
Full Text
The full text of this measure is available here.
Path to the ballot
The number of signatures required for an initiated constitutional amendment was equal to 8% of the total votes cast in the last Supreme Court justice election.
See also
External links
Footnotes
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State of Oregon Salem (capital) |
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