August 17, 2015
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And yet one more flaw: A Metro spokesman confirmed that the tax will not apply to income from Oregon’s public pension system, due to a state law exempting PERS payments from such local taxes. While the number of Metro area residents receiving eye popping PERS payments is limited, it is just one more hole in a poorly planned measure. It is also unclear whether that income can be considered in calculating whether a taxpayer reaches the $125,000/$200,000 high earner threshold in the first place..

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