THE ECONOMIC IMPACT OF THE OREGON PEOPLE’S REBATE
Spoiler alert: It will probably make a big difference to you and your family
The Oregon People’s Rebate will rebate about $750 to every person in Oregon, every year, and that’ll make a huge difference to most of us.
The REBATE for the median Oregon household (3 people, earning $56,116) will be about $2,250, the equivalent of receiving a 4.0% salary increase.
By the way, the REBATE is not taxable in Oregon and does not affect anyone’s eligibility to income-based benefits.
Wow!
Oregonians who don’t wear monocles
>> What would the Oregon People’s Rebate be worth to your family?
>> What would the Oregon People’s Rebate mean to our businesses?
>> What would the Oregon People’s Rebate mean in your community (county or city/town)?
>> Read for yourself the complete text of the Oregon People’s Rebate, IP 2022-006.
Oregon People’s Rebate economic impact for you and your family
This table shows the estimated value of the REBATE per household by income (and the approximate equivalent % salary increase).
| Household Income | Single ($750) | 2-person ($1,500) | 3-person ($2,250) | 4-person ($3,000) |
|---|---|---|---|---|
| $20,000 | 3.8% | 7.5% | 11.3% | 15.0% |
| $30,000 | 2.5% | 5.0% | 7.5% | 10.0% |
| $40,000 | 1.9% | 3.8% | 5.6% | 7.5% |
| $50,000 | 1.5% | 3.0% | 4.5% | 6.0% |
| $60,000 | 1.3% | 2.5% | 3.8% | 5.0% |
| $70,000 | 1.1% | 2.1% | 3.2% | 4.3% |
| $80,000 | 0.9% | 1.9% | 2.8% | 3.8% |
| $90,000 | 0.8% | 1.7% | 2.5% | 3.3% |
ECONOMIC IMPACT TO OUR BUSINESSES
Spoiler alert: It’s a huge benefit for all, particularly “Mom & Pop” operations
Your big, medium, or “Mom & Pop” businesses will almost certainly benefit from the economic stimulus in your community and will not be subject to the higher minimum tax.
First of all, yes. Mom, pop, and the kiddos also get the REBATE themselves. Cha-ching!
Secondly, all of your customers will have $750 more disposable income that may be spent in your business. Cha-ching! Cha-ching!
It’s important to keep in mind that your business will not be subject to the new minimum tax unless your sales are over $68,493 every single day of the year and you pay less than 3% in taxes.
In fact, the vast majority of Oregon businesses will not have to pay a dollar more.
The Oregon People’s Rebate (2022) is funded by increasing the minimum tax of only huge corporations. By “huge ” we mean any corporation with more than $25 million in annual sales (that comes out to about $68,493 every single day of the year). The minimum is increased from currently less than 1/8 of 1% to 3%. Why? Because we believe that huge corporations should start paying their fair share in taxes, like the rest of us.
The Oregon People’s Rebate also eliminates the S-Corp “loophole” for huge corporations, so now the huge S-Corps will pay the same as the huge C-Corps. Why? Because we believe that all of the huge corporations should be treated equally.
ECONOMIC IMPACT IN OUR COMMUNITIES
Spoiler Alert: The Oregon People’s Rebate is a huge economic stimulus to our local economies
Economists talk about things like “economic impact,” “economic multiplier effect,” and blah-blah-blah. Most of us will just think it’s obvious to keep about $3 billion of our own money in our own state and our hands because we know how best what to do with our money.
The rebate in your county
This table shows the estimated total value of the REBATE in each Oregon county. For fun, the County’s population in 2017 is also shown.
| County | Local Economic Impact | Population (2017) |
|---|---|---|
| Baker | $12,040,500 | 16,054 |
| Benton | $68,213,250 | 90,951 |
| Clackamas | $309,504,000 | 412,672 |
| Clatsop | $29,386,500 | 39,182 |
| Columbia | $38,836,500 | 51,782 |
| Coos | $47,916,000 | 63,888 |
| Crook | $17,342,250 | 23,123 |
| Curry | $17,001,750 | 22,669 |
| Deschutes | $140,156,250 | 186,875 |
| Douglas | $82,053,750 | 109,405 |
| Gilliam | $1,391,250 | 1,855 |
| Grant | $5,392,500 | 7,190 |
| Harney | $5,466,750 | 7,289 |
| Hood River | $17,532,750 | 23,377 |
| Jackson | $163,109,250 | 217,479 |
| Jefferson | $17,818,500 | 23,758 |
| Josephine | $64,764,000 | 86,352 |
| Klamath | $50,201,250 | 66,935 |
| Lake | $5,897,250 | 7,863 |
| Lane | $281,061,000 | 374,748 |
| Lincoln | $36,690,000 | 48,920 |
| Linn | $93,785,250 | 125,047 |
| Malheur | $22,860,000 | 30,480 |
| Marion | $255,964,500 | 341,286 |
| Morrow | $8,374,500 | 11,166 |
| Multnomah | $605,666,250 | 807,555 |
| Polk | $62,772,000 | 83,696 |
| Sherman | $1,318,500 | 1,758 |
| Tillamook | $20,017,500 | 26,690 |
| Umatilla | $57,738,750 | 76,985 |
| Union | $19,666,500 | 26,222 |
| Wallowa | $5,288,250 | 7,051 |
| Wasco | $19,827,750 | 26,437 |
| Washington | $441,717,750 | 588,957 |
| Wheeler | $1,017,750 | 1,357 |
| Yamhill | $79,291,500 | 105,722 |
The rebate in your city/town
This table shows the estimated total value of the REBATE in each Oregon city or town. For fun, the city or town’s population in 2017 is also shown.
| City/Town | Local Economic Impact | Population (2017) |
|---|---|---|
| Adair Village | $644,250 | 859 |
| Adams | $264,750 | 353 |
| Adrian | $130,500 | 174 |
| Albany | $40,127,250 | 53,503 |
| Amity | $1,266,000 | 1,688 |
| Antelope | $36,750 | 49 |
| Arlington | $437,250 | 583 |
| Ashland | $15,837,750 | 21,117 |
| Astoria | $7,396,500 | 9,862 |
| Athena | $852,750 | 1,137 |
| Aumsville | $3,081,000 | 4,108 |
| Aurora | $765,000 | 1,020 |
| Baker City | $7,337,250 | 9,783 |
| Bandon | $2,334,000 | 3,112 |
| Banks | $1,501,500 | 2,002 |
| Barlow | $108,750 | 145 |
| Bay City | $1,038,750 | 1,385 |
| Beaverton | $73,135,500 | 97,514 |
| Bend | $70,890,000 | 94,520 |
| Boardman | $2,496,750 | 3,329 |
| Bonanza | $312,000 | 416 |
| Brookings | $4,830,000 | 6,440 |
| Brownsville | $1,337,250 | 1,783 |
| Burns | $2,079,000 | 2,772 |
| Butte Falls | $333,000 | 444 |
| Canby | $13,319,250 | 17,759 |
| Cannon Beach | $1,296,000 | 1,728 |
| Canyon City | $501,750 | 669 |
| Canyonville | $1,533,000 | 2,044 |
| Carlton | $1,610,250 | 2,147 |
| Cascade Locks | $874,500 | 1,166 |
| Cave Junction | $1,478,250 | 1,971 |
| Central Point | $13,675,500 | 18,234 |
| Chiloquin | $552,750 | 737 |
| Clatskanie | $1,361,250 | 1,815 |
| Coburg | $828,750 | 1,105 |
| Columbia City | $1,523,250 | 2,031 |
| Condon | $506,250 | 675 |
| Coos Bay | $12,221,250 | 16,295 |
| Coquille | $2,927,250 | 3,903 |
| Cornelius | $9,369,750 | 12,493 |
| Corvallis | $43,470,750 | 57,961 |
| Cottage Grove | $7,626,750 | 10,169 |
| Cove | $474,000 | 632 |
| Creswell | $4,031,250 | 5,375 |
| Culver | $1,131,000 | 1,508 |
| Dallas | $12,225,750 | 16,301 |
| Damascus | $8,366,250 | 11,155 |
| Dayton | $2,028,000 | 2,704 |
| Dayville | $108,750 | 145 |
| Depoe Bay | $1,104,000 | 1,472 |
| Detroit | $165,750 | 221 |
| Donald | $773,250 | 1,031 |
| Drain | $876,750 | 1,169 |
| Dufur | $478,500 | 638 |
| Dundee | $2,463,000 | 3,284 |
| Dunes City | $1,031,250 | 1,375 |
| Durham | $1,443,000 | 1,924 |
| Eagle Point | $6,854,250 | 9,139 |
| Echo | $528,750 | 705 |
| Elgin | $1,326,750 | 1,769 |
| Elkton | $148,500 | 198 |
| Enterprise | $1,462,500 | 1,950 |
| Estacada | $2,548,500 | 3,398 |
| Eugene | $126,687,000 | 168,916 |
| Fairview | $6,976,500 | 9,302 |
| Falls City | $774,000 | 1,032 |
| Florence | $6,710,250 | 8,947 |
| Forest Grove | $18,105,750 | 24,141 |
| Fossil | $335,250 | 447 |
| Garibaldi | $611,250 | 815 |
| Gaston | $531,000 | 708 |
| Gates | $375,000 | 500 |
| Gearhart | $1,194,750 | 1,593 |
| Gervais | $2,030,250 | 2,707 |
| Gladstone | $9,155,250 | 12,207 |
| Glendale | $665,250 | 887 |
| Gold Beach | $1,711,500 | 2,282 |
| Gold Hill | $963,000 | 1,284 |
| Granite | $27,000 | 36 |
| Grants Pass | $28,184,250 | 37,579 |
| Grass Valley | $123,000 | 164 |
| Gresham | $83,289,750 | 111,053 |
| Haines | $311,250 | 415 |
| Halfway | $216,000 | 288 |
| Halsey | $730,500 | 974 |
| Happy Valley | $15,897,000 | 21,196 |
| Harrisburg | $2,847,750 | 3,797 |
| Helix | $138,000 | 184 |
| Heppner | $951,000 | 1,268 |
| Hermiston | $13,071,000 | 17,428 |
| Hillsboro | $80,170,500 | 106,894 |
| Hines | $1,152,750 | 1,537 |
| Hood River | $5,764,500 | 7,686 |
| Hubbard | $2,625,750 | 3,501 |
| Huntington | $327,000 | 436 |
| Idanha | $111,000 | 148 |
| Imbler | $238,500 | 318 |
| Independence | $7,539,750 | 10,053 |
| Ione | $243,750 | 325 |
| Irrigon | $1,337,250 | 1,783 |
| Island City | $768,750 | 1,025 |
| Jacksonville | $2,170,500 | 2,894 |
| Jefferson | $2,490,750 | 3,321 |
| John Day | $1,251,750 | 1,669 |
| Johnson City | $456,000 | 608 |
| Jordan Valley | $129,750 | 173 |
| Joseph | $825,750 | 1,101 |
| Junction City | $4,575,750 | 6,101 |
| Keizer | $29,486,250 | 39,315 |
| King City | $2,919,000 | 3,892 |
| Klamath Falls | $16,019,250 | 21,359 |
| La Grande | $9,879,750 | 13,173 |
| La Pine | $1,398,000 | 1,864 |
| Lafayette | $3,194,250 | 4,259 |
| Lake Oswego | $29,397,000 | 39,196 |
| Lakeside | $1,324,500 | 1,766 |
| Lakeview | $1,725,750 | 2,301 |
| Lebanon | $12,658,500 | 16,878 |
| Lexington | $177,000 | 236 |
| Lincoln City | $6,678,750 | 8,905 |
| Lonerock | $15,750 | 21 |
| Long Creek | $142,500 | 190 |
| Lostine | $160,500 | 214 |
| Lowell | $836,250 | 1,115 |
| Lyons | $924,750 | 1,233 |
| Madras | $5,129,250 | 6,839 |
| Malin | $605,250 | 807 |
| Manzanita | $488,250 | 651 |
| Maupin | $327,750 | 437 |
| Maywood Park | $628,500 | 838 |
| McMinnville | $25,760,250 | 34,347 |
| Medford | $61,335,000 | 81,780 |
| Merrill | $625,500 | 834 |
| Metolius | $579,750 | 773 |
| Mill City | $1,435,500 | 1,914 |
| Millersburg | $1,463,250 | 1,951 |
| Milton-Freewater | $5,270,250 | 7,027 |
| Milwaukie | $15,600,750 | 20,801 |
| Mitchell | $93,000 | 124 |
| Molalla | $6,913,500 | 9,218 |
| Monmouth | $7,753,500 | 10,338 |
| Monroe | $481,500 | 642 |
| Monument | $93,750 | 125 |
| Moro | $243,750 | 325 |
| Mosier | $343,500 | 458 |
| Mount Angel | $2,652,000 | 3,536 |
| Mount Vernon | $383,250 | 511 |
| Myrtle Creek | $2,606,250 | 3,475 |
| Myrtle Point | $1,897,500 | 2,530 |
| Nehalem | $219,000 | 292 |
| Newberg | $17,706,750 | 23,609 |
| Newport | $7,944,000 | 10,592 |
| North Bend | $7,276,500 | 9,702 |
| North Plains | $1,619,250 | 2,159 |
| North Powder | $336,750 | 449 |
| Nyssa | $2,384,250 | 3,179 |
| Oakland | $705,000 | 940 |
| Oakridge | $2,470,500 | 3,294 |
| Ontario | $8,256,750 | 11,009 |
| Oregon City | $27,270,000 | 36,360 |
| Paisley | $179,250 | 239 |
| Pendleton | $12,507,750 | 16,677 |
| Philomath | $3,570,000 | 4,760 |
| Phoenix | $3,432,000 | 4,576 |
| Pilot Rock | $1,128,000 | 1,504 |
| Port Orford | $856,500 | 1,142 |
| Portland | $485,853,750 | 647,805 |
| Portland Metro Area | $1,839,876,000 | 2,453,168 |
| Powers | $508,500 | 678 |
| Prairie City | $660,000 | 880 |
| Prescott | $37,500 | 50 |
| Prineville | $7,541,250 | 10,055 |
| Rainier | $1,486,500 | 1,982 |
| Redmond | $22,508,250 | 30,011 |
| Reedsport | $3,090,750 | 4,121 |
| Richland | $132,000 | 176 |
| Riddle | $899,250 | 1,199 |
| Rivergrove | $278,250 | 371 |
| Rockaway Beach | $1,050,750 | 1,401 |
| Rogue River | $1,720,500 | 2,294 |
| Roseburg | $16,740,750 | 22,321 |
| Rufus | $186,750 | 249 |
| Salem | $127,348,500 | 169,798 |
| Sandy | $8,361,750 | 11,149 |
| Scappoose | $5,446,500 | 7,262 |
| Scio | $720,000 | 960 |
| Scotts Mills | $288,000 | 384 |
| Seaside | $5,030,250 | 6,707 |
| Seneca | $155,250 | 207 |
| Shady Cove | $2,307,750 | 3,077 |
| Shaniko | $27,750 | 37 |
| Sheridan | $4,583,250 | 6,111 |
| Sherwood | $14,600,250 | 19,467 |
| Siletz | $950,250 | 1,267 |
| Silverton | $7,734,750 | 10,313 |
| Sisters | $2,025,750 | 2,701 |
| Sodaville | $248,250 | 331 |
| Spray | $112,500 | 150 |
| Springfield | $46,764,750 | 62,353 |
| St. Helens | $10,275,750 | 13,701 |
| St. Paul | $336,750 | 449 |
| Stanfield | $1,560,750 | 2,081 |
| Stayton | $6,096,750 | 8,129 |
| Sublimity | $2,197,500 | 2,930 |
| Summerville | $105,000 | 140 |
| Sumpter | $152,250 | 203 |
| Sutherlin | $6,018,750 | 8,025 |
| Sweet Home | $7,209,000 | 9,612 |
| Talent | $4,869,000 | 6,492 |
| Tangent | $972,750 | 1,297 |
| The Dalles | $11,734,500 | 15,646 |
| Tigard | $39,861,000 | 53,148 |
| Tillamook | $3,942,750 | 5,257 |
| Toledo | $2,703,000 | 3,604 |
| Troutdale | $12,415,500 | 16,554 |
| Tualatin | $20,608,500 | 27,478 |
| Turner | $1,571,250 | 2,095 |
| Ukiah | $143,250 | 191 |
| Umatilla | $5,349,000 | 7,132 |
| Union | $1,641,000 | 2,188 |
| Unity | $51,750 | 69 |
| Vale | $1,344,750 | 1,793 |
| Veneta | $3,762,000 | 5,016 |
| Vernonia | $1,680,000 | 2,240 |
| Waldport | $1,648,500 | 2,198 |
| Wallowa | $613,500 | 818 |
| Warrenton | $4,201,500 | 5,602 |
| Wasco | $303,750 | 405 |
| Waterloo | $184,500 | 246 |
| West Linn | $20,027,250 | 26,703 |
| Westfir | $197,250 | 263 |
| Weston | $484,500 | 646 |
| Wheeler | $327,000 | 436 |
| Willamina | $1,650,000 | 2,200 |
| Wilsonville | $18,043,500 | 24,058 |
| Winston | $4,089,000 | 5,452 |
| Wood Village | $3,030,000 | 4,040 |
| Woodburn | $19,335,000 | 25,780 |
| Yachats | $567,750 | 757 |
| Yamhill | $866,250 | 1,155 |
| Yoncalla | $799,500 | 1,066 |