There is a new tax, Metro tax, for those whose zip code is within the taxing jurisdiction of the City of Portland and the Multnomah County.
In May 2020 voters in greater Portland approved a measure to raise money for supportive housing services for people experiencing homelessness or at risk of experiencing homelessness.
The program is funded by two separate taxes: a 1% personal income tax on taxable income above $125,000 for individuals and $200,000 for those filing jointly, and a 1% business income tax on net income for businesses with gross receipts above $5 million.
Other Metro programs and projects are funded through bond measures or property tax levies. This is the first program at Metro that uses personal and business income taxes, and it is the first local personal income tax in the region since Multnomah County’s personal income tax ended in 2006.
Work is underway preparing the tax collection systems for these new taxes, which became effective in 2021.