History & statistics about Oregon taxes
- Oregon’s territorial government implemented a statewide system of property taxes in 1844. In 1929, Oregon instituted an income tax as a way to equalize taxes among the residents and grant tax relief to property owners. Oregon has never had a sales tax.
- Oregon ranks 44th among the 50 states in state tax burden for fiscal year 2002. (2004 Oregon Public Finance Basic Facts, page A2)
- In the 2001-2002 fiscal year, 71.5 percent of Oregon state tax revenue came from personal income tax. (2004 Oregon Public Finance: Basic Facts, page A2)
- Income tax for tax year 2002 (information from Oregon Personal Income Tax Annual Statistics Tax Year 2002):
- The department received 1.617 million personal income tax returns, a 0.4 percent decrease from 2001.
- $3.7 billion in taxes were paid on an adjusted gross income of $66.6 billion.
- The average tax liability was $2,314.
- Property tax in fiscal year 2003-04 (information from Oregon Property Tax Statistics Fiscal Year 2003-2004):
- Property taxes totaled $3.61 billion, an increase of 5.8 percent from 2002-03.
- The total assessed value (value of property subject to tax) grew from $219.9 billion in 2002-03 to $227.9 billion in 2003-04, an increase of 3.6 percent.
- Schools received 42 percent of the total property tax revenues.
- Corporate income and excise tax (information from Oregon Income & Excise Tax: Characteristics of Corporate Taxpayers, 2003 Edition):
- Corporate income and excise tax totaled $225.5 million for the 2002-03 fiscal year.
- 4.5 percent of the General Fund came from corporate income and excise tax.
- The department received 79,891 tax year 2001 corporate tax returns.