The $1 million Oregon estate tax threshold established in 2006 is woefully out of date, (“Oregon estate tax collections are soaring, and not just because of more deaths,” June 23).

Our home’s value has tripled in 10 years. Prices are much higher than they were 18 years ago. I saved money by caring for my sick husband, salting away savings in case he would need long term care. Now that he is gone, I am saving money for my own elder care.

My reward for hard work and good financial management is a large estate tax, based on a calculation that ignores the inflation that has pushed up incomes along with home and investment valuations since 2006. Isn’t it time Oregon raises the threshold of the estate tax, and brings it in line with the financial picture in 2024?

Mary Ann Dickey, Wilsonville

To read more letters to the editor, go to oregonlive.com/opinion.

If you purchase a product or register for an account through a link on our site, we may receive compensation. By using this site, you consent to our User Agreement and agree that your clicks, interactions, and personal information may be collected, recorded, and/or stored by us and social media and other third-party partners in accordance with our Privacy Policy.