Regional News

City Council Considers Raising Climate Tax

(Portland, OR) -- Portland City Council members are considering raising taxes on some businesses to help the city close its budget gap. The proposal would increase the city's climate tax from one-percent to one-point-three-percent. The tax is paid by retailers who bring in one-billion dollars in revenue nationally per year and at least 500-thousand dollars locally here in Portland. The city is currently trying to bring down a more-than-90-million-dollar budget gap.

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