In Oregon, everyday essentials and basic needs are taxed.
Household goods
Your home and everything in it
Your home and everything in it
From tampons to toilet paper, all non-food items at the grocery store you buy for your families will be subject to the new tax. Stores will pass this onto you in the form of higher prices.
Your home and everything in it
Your home and everything in it
Your home and everything in it
The things you buy for your home at big box stores, services and materials to maintain your home, your car, your insurance, and home furnishings are all subject to the tax.
Healthcare and Medicine
Your home and everything in it
Healthcare and Medicine
Not only will healthcare costs go up as Oregon medical doctors get taxed on things like cancer drugs, all over the counter medicine and contraceptives are taxed too.
Oregon Rents Set to rise by 14.6% in 2023
Senate Bill 608 (2019) is the Oregon Legislature's perverse attempt to set rent rates. It failed.
The Oregon Legislature can't do basic math, and they don't understand the law of supply and demand.
It's simple - set rent caps - landlords will max out the rent caps because they are "use it or lose it" increases. If a landlord doesn't max out the rent cap, they can't go back and adjust rents to recapture prior year increases.
As a result of this bad bill, landlords feel forced to raise rents to the fullest the law will allow, creating a scarcity of rental properties and further pricing people out of affordable housing.
The legislature COULD HAVE simply passed a tax subtraction for renters - giving them parity with homeowners and property owners who can write off interest expenses from their taxes. Lawmakers in 2019 had that as an option, and instead, they passed a phony sham rent control which creates a false sense of urgency to raise rents.
Since 2019, the compounded rent increases allowed under SB 608 have allowed a 60% overall rent rate increase. Let's assume your monthly rent was $1000 in 2019.
RATE INCREASES
2019: 10.4% - New Rent - $1104.00
2020: 9.9% - New Rent - $1213.29
2021: 9.2% - New Rent - $1324.91
2022: 9.9% - New Rent - $1456.08
2023: 14.6% - New Rent - $1668.67
That's a 60% rate increase in rents that landlords felt they had to raise in order to not miss their chance to raise rents in the future because of the poor manner in which SB 608 was written.
Keep Oregon Affordable supports repealing SB 608 and instead giving renters a tax break to help offset high market rate rent caused by things like high property taxes and the high cost of living in Oregon.
If your legislator voted YES on SB 608 and NO on the Renter's Tax Relief law (HB 3402), then it's time to EVICT your lawmaker from the Oregon Legislature.
