MAY 7, 2019 – A statewide survey of likely voters in Oregon shows strong bi-partisan support for the Oregon Middle Class Tax Relief Package, a group of six initiatives that would create a more affordable economic landscape.
The sweeping package includes proposals that include an income tax cut for joint filers earning less than $100,000, or singles earning less than $50,000, a child tax credit, a student loan deduction, a deduction for renters, a small business tax cut and a property tax freeze for those over age 67.
The income tax cut for middle-income families earning less than $100,000 is supported by 61% of likely voters, including 68% of Democrats, 56% of Republicans, and 56% of independent or non-aligned voters, the survey shows.
The child tax credit, which would be $1,000 per child up to age 18 and would be refundable on their state income tax return, to those making less than 150% of the federal poverty line, is supported by 55% of voters statewide. Again, Democrats lead the way in supporting this proposal, which is also known as House Bill 3410, with 65% of Dems backing this plan. A majority of Republicans – 53% – also support it, along with a plurality of 44% of unaffiliated voters.
Nearly two-thirds of likely Oregon voters – 64% – support another proposal, House Bill 3400, would grant a $1,000 deduction to middle-income singles for payments made on student loan debt, and up to $2,000 in deductions for middle-income joint filers. Again, this is a proposal supported across the political spectrum, led by 79% of Democrats who support this proposal.
Voters were more closely split on a proposal to grant renters in Oregon a tax deduction similar to that given to homeowners. This proposal, enshrined in House Bill 3402, would provide up to $5,000 in deductions to offset rental expenses, and a plurality of 43% of Oregon voters said they support this plan, compared to 35% who said they oppose it. While 54% of Democrats support this proposal, a plurality of both Republicans and non-aligned voters oppose it. About one in five voters across the political spectrum are unsure on this proposal.
Seventy-two percent of voters said they back a bill that would ensure that small, local and family-owned businesses would have a tax rate that is 1% less than large and publicly-traded C-Corporations. These small businesses often pay higher effective tax rates than Oregon’s largest corporations, and this is also a proposal strongly supported across the political spectrum, as 78% of Democrats, 71% of Republicans, and 64% of unaffiliated voters all support this plan, which is also known as HB3421.
There is overwhelming support for a plan that would help older property owners in Oregon by freezing property taxes for seniors age 67 or older. Nearly four in five voters – 79% – said they support freezing property taxes for older Oregonians who are mostly on fixed incomes. The proposal is supported by 84% of Dems, 78% of Republicans, and 72% of independents.