By Taxpayers Association of Oregon
We received this letter from a NE Portlander who is gravely alarmed over Multnomah County Ballot Measure 26-238 which would create a County Capital Gains Tax.
He wished to be anonymous. Here is a synopsis of his statements:
“I am planning on selling my home so I can move to a safer part of the country. My home should be valued at about $400,000, so this capital gains theft may cost me around $3,000. That $3,000 is money I need to move out of the state. They also want to make measure 26-238 retro-active back to January 1, 2023. Multnomah County is one of the highest taxed counties in the United States, second only to New York City. I bet most Multnomah County residences do not know this. We cannot let Multnomah County fund another leeching bureaucratic organization that from all and rewards only a few, and that which will pay pay their administrators $100,000 annual income. Please vote No on Measure 26-238.”