Portland leaders propose tax cut for small businesses by raising exemption threshold
Published on April 1, 2026.
Portland, Oregon, leaders Keith Wilson and Councilor Eric Zimmerman have proposed a plan to reduce taxes for thousands of small businesses by raising the income threshold for the city's Business License Tax. The proposal would increase the gross receipts exemption from $50,000 to $75,000 in 2026 and $100,000 by 2027. If approved by the City Council, this change would take effect next year when businesses file their 2026 taxes. The measure is set to undergo a public hearing later this week and will allow businesses to reinvest in their operations and workforce.
Related Articles
Firm completes rollout of Chowchilla fiber network
Race Communications completed its initial fiber-optic network in Chowchilla, providing reliable, 10-second internet services to over 4,000 residents.
Valor Collegiate Academies COO resigns amid state investigation
The chief operating officer of Valor Collegiate Academies resigned due to financial irregularities, prompting a state investigation.
On National Burrito Day, tourism authority celebrates San Diego staple
The San Diego Tourism Authority is celebrating National Burrito Day by renaming the Moxy hotel the San Diego Burrito, highlighting its enduring popularity and influence over Southern California.