Portland Hemorrhages Tax Revenues as Residents Flee Homelessness and Crime

Aug 7th 2023 2:55pm EDT

Today’s headline may be viewed as shocking and depressing unless you’ve been paying the slightest bit of attention to the news out of Portland, Oregon over the past few years. Based on IRS records, the city lost one billion dollars in municipal revenue between 2020 and 2021, and things didn’t look m…

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