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Inheritance Tax Could Be Up for Vote in November

Oregonians may decide in November whether they want to get rid of the state's "Inheritance Tax."  A statewide petition drive to put the initiative before voters in November has 65,000 signatures.  Organizers of the petition drive need a little more than 87,000 valid signatures to put it on the ballot.  Megan Chuinard with Comon Sense for Oregon:  "In 2001 all 50 states had an estate tax or death tax.  And since then, 30 states have eliminated their estate tax.  And that's tremendous and by comparison we're not doing so great."  She also says there are just three states west of the Mississippi that have an inheritance tax- they are Oregon, Washington and Hawaii.

 

They have about 4 weeks to gather signatures and are shooting for 110,000 -120, 000 signatures so it can easily qualify. 

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