Intel seeks to extend tax breaks to 2025
If taxes are too high for Oregon's largest
private employer, then they are too high for all businesses also.
It's time that we treat all businesses the same
Some developments in Portland see sweetheart
deals
Call center amid whirl of debate
For starters the project will see a $450,000
grant and a $7.1 million, low-interest loan to build the project with no
payments for 10 years.
I'd like to know what the taxpayers get in
return and why Portland is picking winners and losers in their tax break
lottery.
Squaring
off in Northeast
Vesta
puts the heat on city
If taxes are too high for one business, then
they are too high for all business. Taxes should be paid using the same
rules for every business.
Government should not be picking the winners
and losers in the tax break lottery.
Vanport
Square idea lives, albeit smaller
Enticing smart growth development is a full
time job for the PDC (Portland Development Commission). The PDC claim is
it "fostered growth" in the surrounding areas of their developments, without
pointing out the tax breaks, tax abatements and other incentives such as
low interest loans. The PDC is the fastest growing non elected agency in
Oregon and is funded by diverting tax revenues that would have funded,
schools, police, fire and social services. Despite all these advantages,
their projects still struggle to survive.
Home
buyers get 'Smart Commute' incentives
Purchase feeds hope to MLK The
(PDC) urban renewal agency bought the property for $1.75 million in 2000
and sold it for 1.2 million!! Why are taxpayers using money that
would have gone to police, fire and schools and subsidizing developers?
Feds
put up money for public market
It time these projects pay their fair share
and all property owners to be treated the same.
When Tax breaks are given to some property
owners and not to others the properties not
receiving the break cannot compete.
If this market was a good
Idea, the business community would have
risked their money, instead of taxpayers!
Tax
break rankles in tight times Portland
Mayor Katz and city council gives tax breaks to a $840,000 Pearl District
condo that pays only $146 a year in property taxes.
Developer seeks tax break in Gresham 10
year tax abatement to build the $5.2
City
(Portland) gets creative to woo Siltronic
Financial enticements include property tax
abatements, energy incentives, grants for capital expenses and work-force
training. Multnomah County's Strategic Investment Program and the possibility
of designating parts of the Northwest industrial area and Swan Island as
an urban renewal area and Federal Housing and Urban Development loan of
$26 million.
This is the same county (Multnomah) and City
(Portland) that has a new county income tax, wants a real estate transfer
tax, is talking about more system development fees and raising transit
taxes, school taxes, much more for it's established businesses.
Salem
Regional Employment Center could attract business
Might generate 5,000 jobs will cost $48.3
million dollars! - 09/19/04
Hotel
may hold key to Lloyd housing
If the sale goes through, the nonprofit hopes
to borrow $5 million from the Portland Development Commission to finance
the purchase. An additional $3 million that would be needed probably would
come from tax credits.
Art
and commerce at odds
Can we afford some our most expensive
properties, not to pay property taxes?
Portland
neighbor readies for growth
This project will be a subsidized by
Oregon taxpayers
A
better Burnside could be ours --for $61 million More
pork projects for downtown Portland, paid for by the suburbs! Urban renewal
takes money that would have gone to police fire and schools.
Urban
renewal goes under microscope
Subsidizing smart growth and density and downtown
Portland for 30 years has not paid off for the taxpayers
http://www.saveportland.com/
|