Regional News

Tax Proposal Would Help Portland Small Businesses

(Portland, OR) -- Small businesses in Portland would get a slight break on their Business License Tax under a proposal before City Council. The current threshold to start paying the tax is 50-thousand-dollars. The proposal would increase that 75-thousand-dollars next year and 100-thousand-dollars in 2028. Next year, 58-hundred businesses would save an average of 207 dollars each. In 2028, another 42-hundred businesses would save and average of 286 dollars.

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