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Attachment C
<br />Summary of Scenarios to Raise $26.6 Million for Schools
<br />% of
<br />
<br />AGI OTI
<br />Taxpayers
<br />Scenario Rate Joint Income ($) Joint Income ($) Affected
<br />
<br />A 1.54% > 51,000 35,000 47%
<br />
<br />B 1.42% > 35,000 25,000 68%
<br />0.73% < 10,0006,100
<br />C100%
<br />1.02% between 10,000-22,000 6,101-15,200
<br />
<br />1.33% > 22,000 15,201
<br />Exempt < 51,00035,000
<br />0.94% between 51,000-74,000 35,001-50,000
<br />D47%
<br />1.32% between 74,000-106,00050,001-75,000
<br />
<br />1.72% > 106,000 75,001
<br />Estimated Tax Liability for a Joint Filing Household Under
<br />Scenarios A-D to Raise $26.6 Million for Schools
<br />Estimated
<br />Estimated Tax Liability for a Joint Filing Household
<br />AGI OTI C D
<br />A B
<br />$5,000 $1,800 $0 $0 $13 $0
<br />$10,000 $6,000 $0 $0 $44 $0
<br />$15,000 $9,900 $0 $0 $101 $0
<br />$20,000 $13,900 $0 $0 $142 $0
<br />$25,000 $18,100 $0 $0 $241 $0
<br />$30,000 $21,500 $0 $0 $286 $0
<br />$35,000 $24,800 $0 $0 $330 $0
<br />$40,000 $28,000 $0 $398 $372 $0
<br />$45,000 $31,100 $0 $442 $414 $0
<br />$50,000 $34,300 $0 $487 $456 $0
<br />$60,000 $40,700 $627 $578 $541 $383
<br />$70,000 $47,600 $733 $676 $633 $447
<br />$80,000 $54,700 $842 $777 $728 $722
<br />$90,000 $62,100 $956 $882 $826 $820
<br />$100,000 $70,500 $1,086 $1,001 $938 $931
<br />$250,000 $190,300 $2,931 $2,702 $2,531 $3,273
<br />Notes:
<br />Separate filing households would have brackets equal to half of the joint filing households.
<br />The OTI excludes non-taxable income under a local tax, such as PERS and federal pensions and other Oregon non-taxable income.
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