Oregon homeowners used to pay taxes based on what their property was worth. That connection ended in 1997 when voters limited how much property values could grow each year for tax purposes. Homeowners in slow-growth neighborhoods now routinely pay higher taxes than people with homes of greater value in gentrified areas. We wondered: What would happen if the tax benefits of 1997’s Measure 50 were redistributed based on market value? The map reveals that 57 percent of homeowners would pay less under such a system (red-yellow), while only 43 percent are better off keeping the status quo (blue-green).
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