Posted on 01/19/2020 8:46:45 AM PST by nwrep
The goal is ensuring the green economy benefits folks who are hurt first and worst by global warming, says Oriana Magnera.
In just a few months, the city of Portland will begin investing the proceeds from a groundbreaking new tax on large companies.
No other city in the U.S. has such a tax.
The Portland Clean Energy Community Benefits Fund, or PCEF, will raise as much as $60 million a year from a new tax on big retailers. The money is supposed to supply clean, efficient energy and jobs to people the city has long slighted.
The overarching goals: to provide members of underserved communities with valuable skills while insulating, caulking and tweaking inefficient heating and cooling systems and installing rooftop solar panels at the homes of low-income Portlanders.
The new tax, and the still-developing ideas for how to spend the money, signal a sea change in Portland politics.
At its core, the concept transfers wealth from big corporations such as Walmart to low-income Portlanders of color. It's a local version of the Green New Deal proposed in 2019 by U.S. Rep. Alexandria Ocasio-Cortez (D-N.Y.). It's also part of a larger political effort to reshape who calls the shotsand who benefitsin America's whitest big city.
(Excerpt) Read more at wweek.com ...
The money is supposed to supply clean, efficient energy and jobs to people the city has long slighted.
...
The goal is to create a new source of money from which politicians and their donors can steal.
“The overarching goals”
Exactly.
Guessing half the money will be spent on marketing and public relations to hide how the other half was spent
Taxman by George Harrison (after paying British socialist tax rate of 95% as a wealthy earner)
Should five per cent appear too small
Be thankful I don’t take it all
‘Cause I’m the taxman, yeah I’m the taxman
If you drive a car, I’ll tax the street,
If you try to sit, I’ll tax your seat.
If you get too cold I’ll tax the heat,
If you take a walk, I’ll tax your feet.
Don’t ask me what I want it for
If you don’t want to pay some more
‘Cause I’m the taxman, yeah, I’m the taxman
That photo really captures the essence of smug stupidity. Meet your new masters.
This is a good reason to not live in Portland. :)
Nailed it, and stupid people don’t know they’re stupid.
“I see you have some money there. Give it to me. Or else.”
I moved out of Portland when they began to embrace Marxist Tactics...
Portland has become San Francisco North....what was once a beautiful town has become a hell hole.
Both men say PCEF can thrive where the nonprofits they ran could not because the program won’t be measured by the strict financial metrics that utility-funded projects are measured by. Instead, PCEF projects can focus more on less easily measured health and climate benefits.
Liberal logic.
“The goal is ensuring the green economy benefits folks who are hurt first and worst by global warming, says Oriana Magnera. “
It’s always the 20-something bitch with a net worth of -50k that somehow “understands” economics. But she can make a real “tough” face, like she is anything beyond an inflated ego and a vag.
“will raise as much as $60 million a year from a new tax on big retailers.”
Yeah..... Locate store over the border, pay zero tax.
The customers will just drive to the burbs to save money.
Hands covering the torso is a defensive posture but the face yells pure aggression.
I moved out of Portland when they began to embrace Marxist Tactics...
Portland has become San Francisco North....what was once a beautiful town has become a hell hole.
BTW, I did the Seattle to Portland (STP) bike ride for roughly 19 years. It is a very pretty ride.
Walmart, Home Depot, Lowes, and Fred Myer can just close their stores inside Portland City limits.
I wonder if this tax will be paid on Amazon orders. Brick and Mortar retail is definitely going away, but Starbucks might be safe. :)
transfers wealth from big corporations such as Walmart to low-income Portlanders of color
Walmart, Home Depot, Lowes, and Fred Myer can just close their stores inside Portland City limits.
Haughty, mean looking - will be mirror shattering ugly in 10 years.
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