Metro Sends Homeless Tax Measure To Ballot

The Metro Council is sending a measure to voters in the Portland area that would tax the wealthy and larger businesses to raise $250 million a year for homeless programs.

A one-percent tax would apply to people making $125,000 a year or joint filers making over $200,000 a year.

Business that make over $5 million a year would also be taxed one-percent.

Voters in Multnomah, Clackamas and Washington Counties will decide the tax on the May ballot.

Council acknowledged a problem with the referral that they admit needs to be fixed. It applies to individual businesses owners whose business would be hit with the tax and they would also be taxed on their personal income. It's a violation of the Constitution to be taxed twice. Metro President Lynn Peterson says they will fix the problem during the rules making process.

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