Allow Working Families to Save and Spend More of Their Earnings
By State Representative Matt Wingard
HB 4097 would give lower- and middle-income Oregonians critical tax relief by doubling the two lower brackets and providing a $250-per-child tax credit.
As introduced, this bill would give back $927 to a family of four earning $35,000.
This tax relief would create $2.15 billion in personal income growth over five years, while costing $2.08 billion. Estimated Jobs Generated: 18,563