3 ms·
10% appears to be the tax rate for the upper classes. I make $110,000/year and my tax rate would only be 7%, barely up from the 5% I pay in my current state. Bu
by babypuncher 3y ago
10% appears to be the tax rate for the upper classes. I make $110,000/year and my tax rate would only be 7%, barely up from the 5% I pay in my current state. But I end up paying 8.5% sales tax on just about everything I buy, so at worst it's a wash.
- hellojesus 3y agoBracket (Single)/(Couple) | Marginal Tax Rate $0+/$0+ | 5.00% $3,550+/$7,100+ | 7.00% $8,900+/$17,800+ | 9.00% $125,000+/$250,000+ | 9.90% The marginal rate is 9% starting at your dollars above $8,900 single or $17,800 married. Yes, I rounded to 10% in my statements. Even low income earners relative to the median are taxed astronomically in Oregon. It is simply not a progressive policy. It is a painful policy at best.