2003-01-28 - Ballots • OFFICIAL BALLOT• SPECIAL ELECTION
DESCHUTES COUNTY, OREGON •JANUARY 28, 2003
- rrA B C
INSTRUCTIONS TO VOTER
USE A PENCIL ONLY
TO VOTE,COMPLETELY BLACKEN THE
- OVAL (4IIIIII�) TO THE LEFT OF THE
RESPONSE OF YOUR CHOICE.
STATE MEASURE
REFERRED TO THE PEOPLE
210 BY THE LEGISLATIVE ASSEMBLY
- 28 TEMPORARILY INCREASES
INCOME TAX RATES.
- RESULT OF "YES" VOTE:
O YES "Yes" vote increases income
tax rates for three years.
- O NO RESULT OF"NO"VOTE:"No"
vote does not increase income
- tax rates.
SUMMARY: This measure increases income tax
rates for three years.
- For personal income taxpayers filing single returns,
this measure increases the rate of tax on taxable
income of more than$6,450 from 9 percent to 9.5
- percent.For taxpayers filing joint returns,this mea-
sure increases the rate of tax on taxable income of
more than$12,900 from 9 percent to 9.5 percent.
- For corporations,this measure increases the rate
of tax on taxable income from 6.6 percent to 6.93 y �
percent. "
- The increased rates apply to taxable income earned
in the 2002, 2003 and 2004 tax years.This mea-
sure restores the existing tax rates for 2005 and
- 400 later tax years.
ESTIMATE OF FINANCIAL IMPACT:This measure
increases income tax rates for three years. This
- 41 measure is estimated to raise the following amounts
for each July 1 to June 30 fiscal year:
- 42 - Fiscal Year Amount
2002-2003: $313 million
- 43 W 2003-2004: $247 million
mi ion
- It is estimated that this measure will increase Or-
egon personal income taxes for the average per-
sonal income taxpayer by$114. For the 2002 tax
- year,the average increase in personal income taxes
for taxpayers at different income levels is estimated
to be as follows:
- Average Change in
Adiusted Gross Income Level Overall Income Tax
- Less than$10,000 $ 0
$10,000 to$20,000 $ 17
$20,000 to$30,000 $ 49
- $30,000 to$40,000 $ 80
$40,000 to$50,000 $ 107
- $50,000 to$75,000 $ 148
$75,000 to$100,000 $ 212
- 51 - $100,000 to$200,000 $ 385
Over$200,000 $1,686
All returns $ 114
These estimates take into account changes in the
- federal deduction for state taxes.
WARNING
Any person who, by use of force or
other means, unduly influences an
- elector to vote in any particular man-
ner or to refrain from voting, is sub-
ject,upon conviction,to imprisonment
or to a fine, or both.
M M LEA= B 001 ,�
9-101