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People’s Republic of Portland passes new Carbon tax. AKA The Wealth Distribution Initiative
This should really give the economy a shot in the arm. Imagine all the new businesses lining up to move to the People’s Republic of Portland!!
Portland Passes “Green New Deal” Carbon Tax, First Of Its Kind in the Nation
https://www.thegatewaypundit.com/2020/01/portland-passes-green-new-deal-carbon-tax-first-of-its-kind/“ 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.
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 shots—and who benefits—in America’s whitest big city.
Never has City Hall had so much money to spend with so few strings attached. The guidelines for spending the tax are squishy, as are the yardsticks for measuring the effectiveness of those expenditures.”
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Check back in 5 years and see if the leadership in Portland stands up and says due to their actions in 2020 climate change has been eliminated and we will now maintain the optimal global climate for eternity. Of course they won't, because this won't move the needle and in 5 years they will say they need more money to address "climate change".
People there have to be out of their minds to let a government have a slush fund like this. It is bordering on criminal.
https://www.adamsmith.org/the-wealth-of-nations/
https://www.wweek.com/news/city/2020/01/08/no-american-city-has-ever-tried-a-climate-justice-tax-like-the-one-portland-is-launching-whats-the-plan/
Portland is so fucked up. Is there anyone there with half a fucking brain?
In their smug moral indignation they want to punish Walmart and drive them out. Of course it's they poor who they claim to care about who bears the brunt of their ignorance , narcissism and arrogance.