County car rental tax blowup implicates Portland bonds
Jim Redden, one of the few soldiers still standing at the Trib, has a strong story going about the allegedly illegal use of car rental taxes by Multnomah County. State Senator Rick Metsger from East County is making a big issue out of it, and he's backed up legally by the state's legislative counsel.
Today Redden points out that some of the tax dollars that state lawyers say are being misspent have been used to pay back money that was borrowed in 2001 to expand the Oregon Convention Center, refurbish what is now PGE Park, and improve the Performing Arts Center. Indeed, according to this document (page 8 of the pdf file), part of the car rental tax was apparently pledged as security for the Convention Center bonds; the same was true for bonds for the stadium and the performing arts center (page 8 of this file).
Meanwhile, on another city debt front, all of the city's bonds that were insured by the now-troubled bond insurance companies Ambac and MBIA have been officially downgraded by bond rating agencies, as revealed in the June notices here (among others). Bonds with a top rating now represent only a small part of the city's outstanding debt.
Comments (8)
County Commission have taken oath to uphold the law. Funny how quickly they abandon it whenever its convenient to do so. Same goes for pdx city council.
Mayor elect Scam Adams often argues he can't divert money from one project, like streetcars, to another project, like street maintenance. Here's but one small example of how government officials and bureaucrats easily re-route money from one pot to another. Anyone who's been around a bureaucracy knows rules are there to inhibit the uninformed and unconnected. Those with the keys to the bureaucracy know how to synthetically change the locks quickly by changing terms, definitions, etc of a given project to fit the myriad of funding sources.
A study was just published by the National Business Travel Association where they rank 50 cities according to their "discriminatory travel taxes," which are taxes on lodging, car rentals and meals. Portland ranked the highest in the country! They note that such taxes hurt local businesses and consumers since they account for "more than half of car rentals" and that the tax impact on out-of-town visitors results in lost business that cities often are not even aware of. Their report can be found at: http://www.nbta.org/NR/rdonlyres/3103B645-EB23-4DDB-AC9B-7A169C6710EF/0/TravelTaxReportJuly2008Final.pdf
That is completely non-sensical. Of course Portland has the highest "rate of discriminatory travel taxes". There's no Sales Tax! Anything divided by 0 is infinite.
When looked at the raw amount of travel tax, Portland was at the bottom, usually 1/2 the cost of cities like San Francisco and that top resort location of Cleveland, Ohio.
Mr. Whelan, what you've just typed is one of the most insanely idiotic things I have ever read. At no point in your rambling, incoherent response were you even close to anything that could be considered a rational thought. Everyone in this blog is now dumber for having to read it. I award you no points, and may God have mercy on your soul.
I think Whelan links to an interesting set of statistics. Visitors to Portland don't pay general sales taxes, but they do get governmentally nickeled and dimed at the car rental counter and at hotel checkout.
To me the crucial distinction is that in sales tax states, the tourist revenue goes to all sorts of important government functions. Here in Portland it mostly goes (at least until now) to pay for the Convention Center, Performing Arts Center, and PGE Park. That's crazy.
The actual amount of discriminatory travel taxes for central city Portland, OR per day was $22.83 (lodging, car rental, and meals), which is the highest of the 50 cities surveyed by the NBTA and well above the average ($12.94). The point about dividing by zero, as brought to our attention from “Well Duh”’s vituperative comment, is inapplicable. The rate by the association is simply dollars spent per business visitor day, not as a ratio to sales taxes.
The NBTA is an association of corporate business travel managers and news of Portland’s high tax came to my attention via Smith Travel Research, which is widely read by the lodging and travel industry. The City of Portland may want to consider moderating its tax rate on business travelers so as avoid being among the 5 highest in the list.
Charamba, Douro 2008
Horse Heaven Hills, Cabernet 2010
Lorelle, Horse Heaven Hills Pinot Grigio 2011
Avignonesi, Montepulciano 2004
Lorelle, Willamette Valley Pinot Noir 2011
Villa Antinori, Toscana 2007
Mercedes Eguren, Cabernet Sauvignon 2009
Lorelle, Columbia Valley Cabernet 2011
Purple Moon, Merlot 2011
Purple Moon, Chardonnnay 2011
Abacela, Vintner's Blend No. 12
Opula Red Blend 2010
Liberte, Pinot Noir 2010
Chateau Ste. Michelle, Indian Wells Red Blend 2010
Woodbridge, Chardonnay 2011
King Estate, Pinot Noir 2011
Famille Perrin, Cotes du Rhone Villages 2010
Columbia Crest, Les Chevaux Red 2010
14 Hands, Hot to Trot White Blend
Familia Bianchi, Malbec 2009
Terrapin Cellars, Pinot Gris 2011
Columbia Crest, Walter Clore Private Reserve 2009
Campo Viejo, Rioja, Termpranillo 2010
Ravenswood, Cabernet Sauvignon 2009
Quinta das Amoras, Vinho Tinto 2010
Waterbrook, Reserve Merlot 2009
Lorelle, Horse Heaven Hills, Pinot Grigio 2011
Tarantas, Rose
Chateau Lajarre, Bordeaux 2009
La Vielle Ferme, Rose 2011
Benvolio, Pinot Grigio 2011
Nobilo Icon, Pinot Noir 2009
Lello, Douro Tinto 2009
Quinson Fils, Cotes de Provence Rose 2011
Anindor, Pinot Gris 2010
Buenas Ondas, Syrah Rose 2010
Les Fiefs d'Anglars, Malbec 2009
14 Hands, Pinot Gris 2011
Conundrum 2012
Condes de Albarei, Albariño 2011
Columbia Crest, Walter Clore Private Reserve 2007
Penelope Sanchez, Garnacha Syrah 2010
Canoe Ridge, Merlot 2007
Atalaya do Mar, Godello 2010
Vega Montan, Mencia
Benvolio, Pinot Grigio
Nobilo Icon, Pinot Noir, Marlborough 2009
Portuga, Rose 2011
Revelation, Chardonnay, Pays d'Oc 2010
Beaulieu, Cabernet, Rutherford 2005
Monte Alto, Tinto Reserva 2005
Chateau Ste. Michelle, Cabernet, Indian Wells 2009
Espiral, Vinho Rose
Vin-Koru, Pinot Gris 2011
14 Hands, Hot to Trot Red 2009
Rodney Strong, Cabernet, Sonoma 2009
Abacela, Vintner's Blend #11
Portuga, White 2010
La Bourgeoisie, Red 2009
Januik, Red 2009
Three Rivers, River's Red 2008
Kirkland, Alexander Valley Merlot 2008
Muga, Rioja Rose 2010
Quinta das Amoras, Vinho Tinto 2009
Mauro Molino, Barbera d'Alba 2009
Garda Chiaretto Rose
Columbia Crest, Two Vines Vineyard 10 White
Chateau Ste. Michelle, Pinot Gris, Columbia Valley 2009
L'Hortus, Rose de Saignee 2010
Maculan, Pino & Toi 2008
McKinley Springs, Bombing Range Red 2008
Trader Joe's Pinot Gris 2009
Montes Alpha, Cabernet 2007
Gran Sasso, Sangiovese, Terre di Chieti 2009
Garda, Classico Chiaretto Rose
Beaulieu, Cabernet, Rutherford 1999
Picos del Montgo, Tempranillo 2008
Chateau de Montmirail, Vacqueyras 2008
La Granja 360, Syrah 2009
Montgras, Carmenere Reserva 2009
Lange, Pinot Gris 2009
Columbia Crest, Horse Heaven Hills Cabernet 2008
Kirkland, Pinot Grigio 2010
Trader Joe's Coastal Syrah 2009
Columbia Crest, Horse Heaven Hills Merlot 2008
Trader Joe's Coastal Chardonnay 2009
Vieux Papes Red
Domaine de l'Aujardiere, Chardonnay 2009
Santa Rita, Cabernet, Medalla Real 2007
Penfold's, Koonunga Hill Shiraz Cabernet 2008
Guild, Red, Lot #02 2008
Dievole, Dievolino Sangiovese 2008
Laforet, Burgogne Chardonnay 2009
Columbia Winery, Merlot 2007
Bonterra, Cabernet 2008
Elk Cove, Pinot Gris 2009
Maquis Lien 2006
Scott Paul, Pinot Noir, Le Paulee 2007
The Occasional Book
Neil Young - Waging Heavy Peace
Mark Bego - Aretha Franklin, the Queen of Soul (2012 ed.)
Jenny Lawson - Let's Pretend This Never Happened
J.D. Salinger - Franny and Zooey
Charles Dickens - A Christmas Carol
Timothy Egan - The Big Burn
Deborah Eisenberg - Transactions in a Foreign Currency
Kurt Vonnegut Jr. - Slaughterhouse Five
Kathryn Lance - Pandora's Genes
Cheryl Strayed - Wild
Fyodor Dostoyevsky - The Brothers Karamazov
Jack London - The House of Pride, and Other Tales of Hawaii
Jack Walker - The Extraordinary Rendition of Vincent Dellamaria
Colum McCann - Let the Great World Spin
Niccolò Machiavelli - The Prince
Harper Lee - To Kill a Mockingbird
Emma McLaughlin & Nicola Kraus - The Nanny Diaries
Brian Selznick - The Invention of Hugo Cabret
Sharon Creech - Walk Two Moons
Keith Richards - Life
F. Sionil Jose - Dusk
Natalie Babbitt - Tuck Everlasting
Justin Halpern - S#*t My Dad Says
Mark Herrmann - The Curmudgeon's Guide to Practicing Law
Barry Glassner - The Gospel of Food
Phil Stanford - The Peyton-Allan Files
Jesse Katz - The Opposite Field
Evelyn Waugh - Brideshead Revisited
J.K. Rowling - Harry Potter and the Sorcerer's Stone
David Sedaris - Holidays on Ice
Donald Miller - A Million Miles in a Thousand Years
Mitch Albom - Have a Little Faith
C.S. Lewis - The Magician's Nephew
F. Scott Fitzgerald - The Great Gatsby
William Shakespeare - A Midsummer Night's Dream
Ivan Doig - Bucking the Sun
Penda Diakité - I Lost My Tooth in Africa
Grace Lin - The Year of the Rat
Oscar Hijuelos - Mr. Ives' Christmas
Madeline L'Engle - A Wrinkle in Time
Steven Hart - The Last Three Miles
David Sedaris - Me Talk Pretty One Day
Karen Armstrong - The Spiral Staircase
Charles Larson - The Portland Murders
Adrian Wojnarowski - The Miracle of St. Anthony
William H. Colby - Long Goodbye
Steven D. Stark - Meet the Beatles
Phil Stanford - Portland Confidential
Rick Moody - Garden State
Jonathan Schwartz - All in Good Time
David Sedaris - Dress Your Family in Corduroy and Denim
Anthony Holden - Big Deal
Robert J. Spitzer - The Spirit of Leadership
James McManus - Positively Fifth Street
Jeff Noon - Vurt
Road Work
Miles run year to date: 21
At this date last year: 52
Total run in 2012: 129
In 2011: 113
In 2010: 125
In 2009: 67
In 2008: 28
In 2007: 113
In 2006: 100
In 2005: 149
In 2004: 204
In 2003: 269
Comments (8)
County Commission have taken oath to uphold the law. Funny how quickly they abandon it whenever its convenient to do so. Same goes for pdx city council.
Posted by Abert | August 4, 2008 7:08 AM
I was going to post the classic "constant vigilance" quote, but I like this one better in this instance:
"Giving money and power to government is like giving whiskey and car keys to teenage boys. – P.J. O’Rourke"
Posted by Molly | August 4, 2008 7:30 AM
Mayor elect Scam Adams often argues he can't divert money from one project, like streetcars, to another project, like street maintenance. Here's but one small example of how government officials and bureaucrats easily re-route money from one pot to another. Anyone who's been around a bureaucracy knows rules are there to inhibit the uninformed and unconnected. Those with the keys to the bureaucracy know how to synthetically change the locks quickly by changing terms, definitions, etc of a given project to fit the myriad of funding sources.
Posted by Bob Clark | August 4, 2008 9:12 AM
Sam Adams is the biggest and most seasoned liar to ever hold a seat on the council.
Posted by Ben | August 4, 2008 10:37 AM
A study was just published by the National Business Travel Association where they rank 50 cities according to their "discriminatory travel taxes," which are taxes on lodging, car rentals and meals. Portland ranked the highest in the country! They note that such taxes hurt local businesses and consumers since they account for "more than half of car rentals" and that the tax impact on out-of-town visitors results in lost business that cities often are not even aware of. Their report can be found at:
http://www.nbta.org/NR/rdonlyres/3103B645-EB23-4DDB-AC9B-7A169C6710EF/0/TravelTaxReportJuly2008Final.pdf
Posted by Bob Whelan | August 4, 2008 11:38 AM
Bob Whelan,
That is completely non-sensical. Of course Portland has the highest "rate of discriminatory travel taxes". There's no Sales Tax! Anything divided by 0 is infinite.
When looked at the raw amount of travel tax, Portland was at the bottom, usually 1/2 the cost of cities like San Francisco and that top resort location of Cleveland, Ohio.
Mr. Whelan, what you've just typed is one of the most insanely idiotic things I have ever read. At no point in your rambling, incoherent response were you even close to anything that could be considered a rational thought. Everyone in this blog is now dumber for having to read it. I award you no points, and may God have mercy on your soul.
Posted by Well Duh.. | August 4, 2008 4:07 PM
I think Whelan links to an interesting set of statistics. Visitors to Portland don't pay general sales taxes, but they do get governmentally nickeled and dimed at the car rental counter and at hotel checkout.
To me the crucial distinction is that in sales tax states, the tourist revenue goes to all sorts of important government functions. Here in Portland it mostly goes (at least until now) to pay for the Convention Center, Performing Arts Center, and PGE Park. That's crazy.
Posted by Jack Bog | August 4, 2008 4:15 PM
The actual amount of discriminatory travel taxes for central city Portland, OR per day was $22.83 (lodging, car rental, and meals), which is the highest of the 50 cities surveyed by the NBTA and well above the average ($12.94). The point about dividing by zero, as brought to our attention from “Well Duh”’s vituperative comment, is inapplicable. The rate by the association is simply dollars spent per business visitor day, not as a ratio to sales taxes.
The NBTA is an association of corporate business travel managers and news of Portland’s high tax came to my attention via Smith Travel Research, which is widely read by the lodging and travel industry. The City of Portland may want to consider moderating its tax rate on business travelers so as avoid being among the 5 highest in the list.
Posted by Bob Whelan | August 5, 2008 8:57 AM