Children in the household: 64% College grad: 38% Property owners cannot be taxed more than $5 per $1,000 of itscurrent market value for schools. For example, $1,000 per year for a home with a market value of $200,000. (Q19) (55% good; 34% poor) Most positive Most negative (% good) (% poor) $50k-$75k: 63% $75k: 40-41% NEGATIVE FEATURES OF THE CURRENT PROPERTY TAX SYSTEM Oregon’s property tax limits are defined in the Oregon Constitution and cannot be changed by local voters. (Q14) (47% good; 46% poor) Most positive (% good) Most negative (% poor) High school or less: 53% 18-34: 54% College grad: 51% In 1997, Oregon voters approved a constitutional amendment that set a maximum permanent rate each local government can collect in property taxes based on their circumstances at the time. That rate cannot be increased by local voters. (Q20) (43% good; 50% poor) Most positive (% good) Most negative (% poor) Rest of state: 51% $75k+: 60% Independent: 51% College grad: 55% High school or less: 50% The amount a property can be taxed does not change when it is sold, regardless of how much it has increased in its market value or sales price. (Q16) (40% good; 50% poor) Most positive (% good) Most negative (% poor) High school or less: 48% College grad: 56% 18-34: 46% Male: 45% 3.5 Positive and Negative Consequences of the Current Property Tax System Next, the voters were read a series of statements about the consequences of that system on taxpayers and government services. Among the nine consequences, a majority found
Children in the household: 64% College grad: 38% Property owners cannot be taxed more than $5 per $1,000 of itscurrent market value for schools. For example, $1,000 per year for a home with a market value of $200,000. (Q19) (55% good; 34% poor) Most positive (% good) $50k-$75k: 63% Most negative (% poor) $75k: 40-41% NEGATIVE FEATURES OF THE CURRENT PROPERTY TAX SYSTEM Oregon’s property tax limits are defined in the Oregon Constitution and cannot be changed by local voters. (Q14) (47% good; 46% poor) Most positive (% good) High school or less: 53% Most negative (% poor) 18-34: 54% College grad: 51% In 1997, Oregon voters approved a constitutional amendment that set a maximum permanent rate each local government can collect in property taxes based on their circumstances at the time. That rate cannot be increased by local voters. (Q20) (43% good; 50% poor) Most positive (% good) Rest of state: 51% Independent: 51% High school or less: 50% Most negative (% poor) $75k+: 60% College grad: 55% The amount a property can be taxed does not change when it is sold, regardless of how much it has increased in its market value or sales price. (Q16) (40% good; 50% poor) Most positive (% good) High school or less: 48% 18-34: 46% Male: 45% Most negative (% poor) College grad: 56% 3.5 Positive and Negative Consequences of the Current Property Tax System Next, the voters were read a series of statements about the consequences of that system on taxpayers and government services. Among the nine consequences, a majority found