Investor Presentaiton
Revenue Impacts of Sales Tax Repeal
ORA Revenue Impact Based on RI PI* Economic Impact
Revenue Source (millions) Baseline
Year 1
Year 2
Year 3
Year 4
Year 5
Sales Tax
$904
$ -
$-
$ -
$-
$ -
Business Taxes
$238
$244
$250
$257
$263
$270
Motor Fuel Tax
$137
$143
$148
$154
$160
$165
Motor Vehicle Fees
$49
$51
$53
$55
$57
$59
Estate Tax
$35
$36
$36
$37
$38
$38
Personal Income Tax
$1,131
$1,151
$1,171
$1,192
$1,215
$1,238
Cigarette and Alcohol Taxes
$149
$155
$161
$167
$174
$180
Other Taxes
$153
$156
$159
$162
$165
$168
Other Sources
$766
$780
$794
$809
$824
$840
Total
$3,562
$2,716
$2,772 $2,833
$2,896 $2,958
Difference from Baseline
$(846)
$(790) $(729)
$(666) $(604)
Cumulative Difference
$(846)
$(1,636)
$(2,365)
$(3,031) $(3,635)
September 23, 2014
2014 Revenue Estimation and Tax Research Conference
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