A service of the Taxpayer Association of Oregon Foundation.
By Oregon Tax News There are huge trends and shifts in the media and it impacts how people consume their news. 1. Big U.S. media companies bought back record amounts of their own shares in the last year. Cable television networks drew strong viewership and advertising dollars, generating cash despite economic uncertainty. News Corp, Time…
By Oregon Tax News, Record high gas prices are expected to hit new records in the coming months. Below are a few questions and answers to better understand the current impact of high prices and what lies ahead as summer approaches: 1. How High Will Gas Prices Go? Gas prices have recently stalled, plateauing around…
Post office to close offices in Bend, Salem & Eugene. By Oregon Tax News, The U.S. Postal Service is making a few concessions to efficiency and closing four mail sorting centers in Oregon, part of its campaign to slash costs by closing more than 260 mail processing places nationwide. The Oregon facilities—located in Bend, Salem,…
Oregon’s Zoo & Convention Center losing revenue By Oregon Tax News Taxpayer-funded zoos and convention centers across the country are losing money. The Oregon Zoo and Convention Center are no exception. The Portland Business Journal recently cited an independent review conducted by Tampa-based Crossroads Consulting showing the Zoo and Convention Center contributed to a nearly…
Oregon health job loss: OHSU & Legacy By Oregon Tax News Hundreds of health care related jobs in the Portland Metro area are being cut and more losses could be on the way if state reforms fail to produce savings promised by lawmakers. In mid-December, KPTV reported that Legacy Health Systems plans to cut as…
By Oregon Tax News, The Boeing Company has avoided another costly strike after a critical deal was struck between executives and union leaders that both are calling a “win-win.” Under an agreement forged last week and ratified by Machinist union members on Wednesday, Boeing will move ahead with a new, non-union plant in South Carolina…
Foreclosures Still Plague Oregon Housing Market Account for One in Three Home Sales By Oregon Tax News Foreclosures continue to flood Oregon’s housing market and accounted for one-third of all home sales this spring. At 33 percent, Oregon’s housing market is in the top 10 in terms of foreclosed homes as a percentage of all…
Could a Bailout Save the Postal Industry? By Oregon Tax News, A 2010 GAO report detailed that the U.S. Postal Service is on the brink of an economic meltdown. There have been serious calls to save costs by ending Saturday service and to close nearly 2,000 office. Oregon has over 40 post offices on the…
By Oregon Tax News Oregon Tax News recently analyzed the information behind three different worst city ratings which included;”America’s Shrinking Cities List” (by MSNBC), “America’s Most Miserable City List” (Forbes) and “Worst Job Seeker City List” (US & World Report). The four most common factors of being among America’s worst cities were unemployment, high crime,…
By Oregon Tax News, The United States has not seen a balanced budget since 2001, leading to increasing national debt. Although private banks in the U.S. hold the majority of the country’s debt, over 52% according to MSNBC, the Treasury Department and the Federal Reserve Board estimate that foreign governments hold 4.4 trillion of the…