Your paycheck is getting a little smaller starting in July. New “Statewide Transit” tax in Oregon

Oregon has a new “Statewide Transit Tax” that will be deducted from your pay starting in July this year. The new tax will be roughly $1 per $1,000 you make in taxable income. More info about new taxes being added in Oregon are a available here

This new tax follows a basic sales tax on new vehicles that was also recently added to Oregon new car sales. Vehicle privilege tax info is here http://www.oregon.gov/dor/programs/businesses/Pages/Vehicle-privilege-and-use-taxes.aspx

By Klamath Alerts

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