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Councilor Steve Novick has a renewed plan to solve Portland’s budget woes: tax the rich. On Thursday, Novick proposed expanding a tax hike on companies that pay their chief executives vastly more than their rank-and-file workers as “a way to recall corporate America to its glorious roots.”

May 8, 2025, 11:43 PM

Record data

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    "text": "Councilor Steve Novick has a renewed plan to solve Portland’s budget woes: tax the rich.\n\nOn Thursday, Novick proposed expanding a tax hike on companies that pay their chief executives vastly more than their rank-and-file workers as “a way to recall corporate America to its glorious roots.”",
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        "title": "Portland councilor pitches tax hike on CEOs to address budget shortfalls",
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