"What could Oregon do with an additional $2.7 billion in revenue each year? That's about how much a 2 percent wealth tax- imposed on Oregon taxpayers with assets at or above $30 million-is expected to generate. As the state faces a fiscal crisis affecting everything from public schools to transportation safety programs, there's a petition to get that wealth tax on the Oregon ballot."
"Restaurants are a crucial part of the fabric of our city, but in case you haven't noticed, it's a struggle out there for dining establishments in a world of sky-high inflation that's made dining out unaffordable for many Portlanders. While there are plenty of exciting openings to look forward to, lots of restaurants are also closing their doors, from neighborhood gathering places to fine dining restaurants."
Portland faces spring weather with potential sunny conditions and cherry blossoms expected. Oregon considers a 2 percent wealth tax on assets above $30 million to generate $2.7 billion annually for public schools and transportation programs. Portland's restaurant scene experiences significant challenges from inflation, with notable closures including Republica and Elephants Deli alongside new openings like a tapas bar and sports venue. Portland Parks and Recreation announced a new name for a Southwest Portland park. The Mercury emphasizes the importance of reader contributions to sustain local journalism and arts coverage.
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