Oregon voters rejected Measure 84, which would abolish estate taxes. The state will continue to tax inherited estates worth more than $1 million.
Proponents of Measure 84 say the tax threatens small businesses and family farms, which might have assets above $1 million but not enough cash to cover the tax bill.
Opponents say the measure is a giveaway to the wealthy and would only benefit 2 percent of the richest taxpayers while the state struggles to fund schools and police.
Read more at Capital Press.