About 132,000 signatures were submitted by the July 6 deadline in support of repealing Oregon's estate tax by 2016. In order for the initiative to make the November 6 ballot, 87,213 of the signatures, or about two-thirds of those submitted, must be validated by election officials. The deadline for validation is August 5. Meanwhile, Our Oregon, which according to its website is a nonprofit organization "dedicated to fighting for economic and social fairness for all Oregonians," has vowed to fight the estate tax repeal initiative, stating on its website that it "would effectively provide a tax break for millionaires." With regard to other possible ballot measures, an initiative to legalize the growing of marijuana and allow for its sale in state-licensed stores garnered 165,000 signatures, but one that would have given adult Oregonians the constitutional right to legally possess marijuana fell flat on its face.
- Another Initiative is Underway to Repeal Oregon's Estate Tax
- Seven initiatives appear headed to Oregon ballot as signature deadline passes
- Overview of Oregon Estate Tax Laws
- State Estate Tax and Exemption Chart
- What's the Difference Between an Estate Tax and an Inheritance Tax?
- Would You Consider Moving to Avoid State Estate Taxes?