From Gas Tank to Paycheck: Oregon's Plan to Tax Everything That Moves - Cascade Policy Institute

From Gas Tank to Paycheck: Oregon's Plan to Tax Everything That Moves - Cascade Policy Institute

By Eric Fruits, Ph.D. Three major transportation funding proposals are circulating in the Oregon Legislature: TRIP 2025, the SMART Framework, and HB 2025. While these proposals aim to address legitimate transportation funding challenges, they would impose the largest tax increases in Oregon’s history through twelve new or expanded taxes and fees, as shown in Table 1. Each package would generate approximately $1.5-2 billion in new revenue every t…