The Mercury provides news and fun every single day—but your help is essential. If you believe Portland benefits from smart, local journalism and arts coverage, please consider making a small monthly contribution, because without you, there is no us. Thanks for your support! GOOD MORNING, PORTLAND! Happy post-election day, everybody! But before we get to the results, let's peep the weather: Get ready for mixed sun, clouds, and occasional heavy showers today with a cool.
The Black Business Association of Oregon (BBAO) is committed to achieving sustainable, lasting economic equity through the ups and downs of our economy. We focus on growing Black businesses, entrepreneurs, students, and communities in the state of Oregon. For us, economic equity is not just a catchphrase, but a critical goal that we pursue with passion and determination. Unfortunately, Measure 26-238, a proposed local capital gains tax, runs counter to this goal. This proposed tax creates new barriers to success for Black-owned businesses who too-often face economic inequities that are rooted in historic and ongoing systemic racism. This tax is unfair and a burden on Black business owners in an already-challenging economic environment.