John Killin, executive director of Associated Builders and Contractors of Oregon, said that as a homeowner he’s also concerned about what would be a large tax in a struggling economy.
"That’s a big chunk of change," Killin said. "And I don't think we can tax our way into construction prosperity. The $548 million is a ton of money, and it would help, but if you look at that proposed mall in Oregon City (a 650,000-square-foot project called The Rivers)--that's a big chunk of change for the industry too, and it doesn't involve taxing anybody."
Stop Measure 26-121. Stop the biggest bond issue in Oregon state history. Portland Public Schools wants to raise property taxes by almost 15 percent. The PPS modernization bond will make Portland's property taxes the highest in the state. PPS has a history of financial mismanagement and wasting taxpayer money. None of the bond money will be used to shrink class sizes, acquire new learning materials, or preserve educational programs.
Tuesday, January 11, 2011
We can't tax our way into construction prosperity
From the Daily Journal of Commerce:
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