Oregon Voters Keep Estate Tax

Oregon voters rejected a proposal that would have eliminated the state's estate tax, which is imposed on estates worth $1 million or more. Because of the $1 million exemption, about 98% of Oregon estates don't owe any tax. 

Proponents of the estate tax repeal, Measure 84, argued that it was necessary to save family farms and businesses. Opponents responded that estate tax affects only the wealthiest citizens and is a fair method for the state to raise revenue.