Portland looks at hiking its CEO pay tax … and cutting taxes on small business

Portland City Council is considering raising a tax on corporations that pay outsized CEO salaries — and using some of the revenue to lower taxes on local small businesses.

The council’s Finance and Governance Committee of the Whole took public testimony Oct. 8 on the proposal put forward by District 3 Counselor Angelita Morillo and District 4 Councilor Mitch Green.  READ MORE