Measure 79 and real estate transfer tax: Friday business roundup ...

Real Estate: Elliot Njus breaks down Oregon Measure 79, which would constitutionally prohibit taxes on real estate transfers. Specifically, Measure 79 asks voters whether the state constitution should prohibit the state, and its local governments, from imposing a tax on real estate that would kick in when a property is sold or transferred.

Here are other stories to check out from the business desk of The Oregonian:

Economy: Molly Young talked with Atlanta Fed Chief David Altig, who says The Federal Reserve's role may not be to fix the economy but rather to keep it from growing worse.

Tech: Mike Rogoway reports that OVP Venture Partners, once the biggest and most active venture capital firm in Oregon, is shutting down. Founded in 1983, OVP has invested $750 million overall in more than 130 companies -- many of them in the Northwest.

Hillsboro: Andrew Theen profiles Truth Custom Drums, a small biz tucked away in a Beaverton business park that ships specially designed drum kits across the United States and to distributors around the globe.

Separately, Theen reports that the Westside Medical Center has attracted much attention from the community.

Retail: From investigative reporting to analysis and features, Laura Gunderson does it all. Her latest blog post for "Hitting the Mall" checks out what's going on in Westfield.

Separately, Gunderson reports that Zupan's Markets has a made a major donation to Legacy Emmanuel.

Source: http://www.oregonlive.com/business/index.ssf/2012/10/measure_79_and_real_estate_tra.html

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