HB 2525 Quintuple increase to political tax credit

01/20/2025
HB 2525
VOTE:NO
In Committee

Status (overview) of bill:https://olis.oregonlegislature.gov/liz/2025R1/Measures/Overview/HB2525
Committee assigned to bill:https://olis.oregonlegislature.gov/liz/2025R1/Committees/HRULES/Overview

Expand the Oregon Political Tax Credit from $100 (joint filers) to $500 and from $50 individuals to $250 (single tax filers). Applies to 2025.

A taxpayer may not claim the credit allowed under this section if the taxpayer has federal adjusted gross income in excess of $150,000 on a joint return or $75,000 on any other type of return.

Expands socialism redistributing wealth requiring the more fortunate to make up for political contributions. The increase is to much to not be considered a tax on the upper middle class or a forced political contribution without the right of choice.

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