The tax proposed in Measure 26-238 does not include any explicit exemptions based on income level or size of the capital gains.
PORTLAND, Ore. — This month, voters in Multnomah County will be deciding whether to approve a new capital gains tax in order to fund free legal defense for renters facing eviction.
Measure 26-238, on the ballot in the May 16 special election, would levy an adjustable countywide capital gains tax, initially set at 0.75%. Funds raised from that tax would, after administrative expenses, support free legal representation for Multnomah County residents facing eviction.
“This ballot measure is part of the nationwide ‘Right
→ Continue reading at KGW TV