October 4, 2020
FOR IMMEDIATE RELEASE
Media Contact:
Eric Fruits, Ph.D.
(503) 242-0900
eric@cascadepolicy.org
PORTLAND, Ore. – On Thursday, October 1, Cascade Policy Institute’s Vice President of Research, Dr. Eric Fruits, testified before the Metro Council, urging them to reject Ordinance 20-1449. The ordinance would authorize the sale of up to $28 million in revenue bonds. The funds would be used to implement, impose, and collect Metro’s new personal and business income taxes.
Fruits also pressed the Council to delay implementation of Metro’s Supportive Housing Services income taxes scheduled to go into effect January 1, 2021.
“Metro has completely misplaced its priorities,” Fruits says. “Instead of focusing on its core obligations, it has spent the last two years expanding its mission by chasing expensive new programs funded with new and increasing tax burdens on its constituents.
“The Council must step back from the messes it has made for itself and Metro as a whole. It should spend the next two years recovering from the pandemic’s financial hit and focusing on the organization’s mission, not its mission creep.”
Cascade Policy Institute’s Vice President of Research, Dr. Eric Fruits, testified before the Metro Council
Click here to read Eric Fruits’ full testimony.
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Contact Dr. Eric Fruits by email at eric@cascadepolicy.org for more information or to schedule an interview.
About Cascade Policy Institute:
Founded in 1991, Cascade Policy Institute is Oregon’s free-market public policy research center. Cascade’s mission is to explore and promote public policy alternatives that foster individual liberty, personal responsibility, and economic opportunity. For more information, visit cascadepolicy.org.
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