This afternoon the House Human Services and Housing Committee will be hearing an income tax increase bill for homeowners House Bill 2771. House Bill 2771 phases out allowances of itemized deductions for homeowners. This bill raises taxes on any homeowners who earns more than $50,000. For higher income earners this bill eliminates entirely one’s deduction for property taxes.
Portland-area renters, of course, are going to love it. Then they'll gripe when rents rise again, and demand rent control - as they've been doing for some time. Don't want rents to increase? Easy: quit supporting property tax measures.
Those folks are really stupid; they don't recognize cause and effect.