Alliance raises concerns about proposed TriMet payroll tax increase



Alliance raises concerns about proposed TriMet payroll tax increase

The payroll tax already provides about 60 percent of TriMet’s operating revenue. The Alliance supports TriMet’s cost efficiency measures and the importance of increasing transit service, especially to employment centers.
The Alliance expressed concern for a TriMet proposal to raise the employer and self-employed payroll tax by one-tenth of 1 percent over 10 years. The payroll tax already provides about 60 percent of TriMet’s operating revenue. The Alliance supports TriMet’s cost efficiency measures and the importance of increasing transit service, especially to employment centers. However, the proposed increase amounts to a 14 percent increase in the payroll tax rate over the 10-year implementation period, which can be six or seven figure increases for some large employers. The Alliance is working with TriMet on the proposal. Read the testimony