Washington and the new “space race”

Washington and the new “space race”

Washington state is considered by many to be the “Silicon Valley of Space” due to its large cluster of cutting-edge spacecraft employers, and a...
Proposal would incentivize hydropower investments

Proposal would incentivize hydropower investments

During the floor debates prior to passage of the Clean Energy Transformation Act (CETA) last year, some legislators called attention to the absence of...
Washington’s latest economic outlook

Washington’s latest economic outlook

The latest update from the state Economic and Revenue Forecast Council (ERFC) reports yet another surge of unanticipated revenue, much of that thanks to...
Giving A Boost To Washington's Hi-Tech Research, Space Industry

Giving A Boost To Washington’s Hi-Tech Research, Space Industry

Washington currently ranks fifth in the nation for innovation related to research and development (R&D), according to a 2016 study by the Milken Institute...
Seattle’s income tax could lead to even higher home, rental prices, industry leaders say

Seattle’s income tax could lead to even higher home, rental prices, industry leaders say

One of the justifications cited in the city ordinance for Seattle’s income tax is to address the “affordable housing crisis.” However, real estate industry...
Senate passes vape tax

Senate passes vape tax

The Washington Senate on April 23 voted 35-13 in favor of a bill that taxes vaping products, also known as e-cigarettes. SB 5986 has...
piggy bank

No capital gains tax “selling point” for Washington

Discussions of Washington’s tax structure often include accusations that it is one of the most regressive in the nation. While some tax experts dispute...
New lawsuit targets Sound Transit’s MVET schedules

New lawsuit targets Sound Transit’s MVET

Although the State Supreme Court ruled against plaintiffs in a case protesting ST3’s motor vehicle excise tax (MVET), a new lawsuit filed on March...
New Carbon Tax Proposal Under Fire By Washington Manufacturers

New Carbon Tax Proposal Under Fire By Washington Manufacturers

House Democrats have proposed a new carbon tax they say addresses criticisms leveled against similar proposals that have failed to garner legislative or voter...
“Back to the Future” with tax structure study

“Back to the Future” with tax structure study

Despite year after year of surplus revenue, Washington state’s tax structure continues to receive scrutiny from legislators – the latest coming from the Tax...
gold coins

New normal is time to recalibrate rainy day fund

Sucker punched and mugged by a tiny little virus. In every reasonable sense of what it means to be actively aware, we did not see...

Legislature continues work to address Hirst, capital budget

Even though the legislature adjourned last week without a solution to the 2016 Supreme Court Hirst decision or passage of a capital budget, lawmakers...
Another run at jobs tax

Another run at jobs tax

Almost two years after opposing a job tax in Seattle that later was rescinded by the City Council with another local business tax possible,...
Senate fight tables tax relief bill

Senate fight tables tax relief bill

A narrowly split Washington Senate is at an impasse for the moment over a bill that calls for what some say is an illegal...
Hefty bank tax stands as judge upholds title-only bills

Hefty bank tax stands as judge upholds title-only bills

This legislative session three bills proposing to end the use of title-only legislation failed to clear their original committees prior to the cutoff date....
Bumpy road possible for road user charge

Bumpy road possible for road user charge

With Washington’s road user charge fee (RUC) pilot program scheduled to start this year, some anticipate a possible decision by the legislature about whether...
State grappling with forecasted revenue shortfalls

State grappling with forecasted revenue shortfalls

Although a new report by the state Economic and Revenue Forecast Council (ERFC) estimates state tax collections will increase $300 million for the 2019-21...
Container ship entering port

Legislature asks Congress for harbor maintenance tax reform

Stakeholders from the retail sector, port leadership and labor leaders are voicing strong support for a measure which would request Congress to reform the...
State revenue: how much is enough?

State revenue: how much is enough?

The latest report from the state Economic and Revenue Forecast Council (ERFC) shows that the Washington state legislature has $50 billion to spend for...
Income tax bill advances

Income tax bill advances

The same week a 2014 legal memo to the Seattle City council regarding a proposed “millionaire’s tax” was released, the House Finance Committee voted...
As battle over LCFS continues, stakeholders turn out in force

As battle over LCFS continues, stakeholders turn out in force

Stakeholders who oppose a low carbon fuel standard (LCFS) proposal turned out in full force to share their perspectives in Olympia during a critical...
New capital gains income tax proposed

New capital gains income tax proposed

A Democrat House lawmaker has introduced a bill establishing a statewide capital gains income tax while reducing the state property tax burden on certain...
Court overturns state bank tax

Court overturns state bank tax

A King County Superior Court judge has ruled a 2019 state bank tax unconstitutional for violating federal law after it was initially upheld regarding...
2020 legislative session roundup

2020 legislative session roundup

Washington’s 60-day 2020 legislative session concluded March 12 after state lawmakers approved a supplemental operating budget amid growing concerns about the coronavirus outbreak’s long-term...
Lighthouse at the San Juan Islands

Washington tourism agencies prepare for the winter decline

As the winter months approach, Washington tourism agencies are implementing different campaigns and marketing strategies to keep travelers coming to visit state attractions. Strategies...
Industry members urge restraint with carbon tax

Industry members urge restraint with carbon tax

Governor Jay Inslee’s efforts during recent legislative sessions to impose a statewide carbon tax have been unsuccessful, but with Democrats now controlling both chambers,...
video

Lens Video: Labor weighs in on proposed head tax

Lens attended the Seattle City Council's Finance and Neighborhoods public hearing and asked Chris McClain, Business Manager for Iron Workers Local Union 86, his...

Spokane rail proposition likely to place taxpayers on hook for legal defense

In July, the majority of the Spokane City Council denied two advisory votes which would have allowed taxpayers to weigh in on how the...
The price of a carbon tax

The price of a carbon tax

As the November election approaches, the state’s business association composed of 7,000 members representing 700,000 employees has come out against a proposed carbon tax...
Hair stylist with customer

A big break for small businesses

Smaller businesses may be in for larger tax breaks via a recent proposal by state lawmakers.  Legislators have introduced a bill to modernize portions of...
Utilities warn of “pancaking” carbon proposals

Utilities warn of “pancaking” carbon proposals

Two eastern Washington public utility districts (PUD) have passed resolutions opposing Initiative I-1631 which creats a carbon tax on certain emitters, saying they are...
Tax structure bill clears committee amid concern

Tax structure bill clears committee amid concern

The House Appropriations Committee voted on April 22 after a public hearing to advance a bill that makes changes to the state tax structure...
Transportation proposal gets mixed review

Transportation proposal gets mixed review

Senate Transportation Chair Steve Hobbs (D-44) has unveiled a series of bills creating 10-year, $17 billion transportation package that includes a carbon fee and...
Huge War Chest Aids I-1464 'Campaign Finance Reform' Push In Washington State

Huge War Chest Aids I-1464 ‘Campaign Finance Reform’ Push In Washington State

Washington state election officials say that Initiative 1464 (I-1464) is likely to qualify for the fall ballot. It aims to institute several so-called campaign...
Long journey ahead for road user charge

Long journey ahead for road user charge

If Washington state ever adopts a road user charge (RUC) to replace the motor vehicle fuel tax (MVFT), it’s going to be a long...
To reform (or not) Washington’s tax system

To reform (or not) Washington’s tax system

If there’s agreement among policy wonks that Washington’s tax code needs to change, there’s equal disagreement over the nuances of that discussion and what...
Does Washington Need A “Climate Change” For Manufacturers?

Does Washington need a “climate change” for manufacturers?

Washington manufacturers currently make up roughly nine percent of the state’s workforce. This represents a three percent drop since 2000, according to a new...

New Reports: Port Project Delays A Blow To Workers, And Washington Economy

Recent reports from the Washington Maritime Federation (WMF) and Washington Research Council (WRC) emphasize that lengthy permitting processes for proposed fossil fuel transport projects at major Washington...

Survey: Americans say sales tax “fairest of them all”

Washington state’s sales tax is one of the highest in the nation and has come under fire from progressive tax system advocates who say...
Aerospace tax bill passes legislature

Aerospace tax bill passes legislature

The state legislature has passed SB 6690, a measure that removes aerospace industry tax incentives in order to avoid possible retaliatory tariffs. The bill...
New taxes for transit?

New taxes for transit?

Investments at the local and state levels on transit throughout Washington state isn’t keeping pace with economic growth, and new revenue sources such as...
Lawmakers approve tax exemption extension

Lawmakers approve tax exemption extension

While Washington state lawmakers have approved a list of new taxes as part of the 2019-21 operating budget, one industry managed to receive a...
Experts Stress Washington Tax Stability As Other States Suffer Revenue Drops

Experts stress Washington tax stability as other states suffer revenue drops

State House lawmakers plan to hold public meetings throughout Washington over the next biennium to discuss the state’s taxing system, a roadshow-style tour funded...
Is ST3 car tab tax unconstitutional?

Is ST3 car tab tax unconstitutional?

A class action lawsuit recently filed against Sound Transit and Washington state by seven plaintiffs could answer the question already asked by some lawmakers...
Effort underway to restore previous real estate excise tax rate

Effort underway to restore previous real estate excise tax rate

The state legislature last year restructured the state real estate excise tax (REET) from a flat 1.28 percent rate to a graduated rate, with...
: Inslee’s budget proposal includes income tax

Inslee’s budget proposal includes income tax

After unveiling a series of clean energy proposals earlier this week devoid of a new tax, Governor Jay Inslee is now proposing a nine...
Pierce County’s ‘Trexit’ from ST3

Pierce County’s ‘Trexit’ from ST3

Pierce County voters in 2016 voted by 55 percent in opposition to the $54 billion ST3 transit and light rail tax package. In November,...
State House budget proposal includes new taxes

State House budget proposal includes new taxes

Last week, the state Economic and Revenue Forecast Council released a report estimating that Washington will generate more than $50 billion in the 2019-21...
Senate hearings set for Sound Transit bills

Senate hearings set for Sound Transit bills

As momentum for Sound Transit 3 car tab relief appears to be waning in the state House, efforts are being renewed in the Senate....
Senate passes $52.2 billion operating budget

Senate passes $52.2 billion operating budget

The Washington Senate on April 4 voted 31-17 to approve a $52.2 billion 2019-21 operating budget. Although state senators approved a version of ESHB...
Lawmakers investigate Sound Transit 3

Lawmakers investigate Sound Transit 3

Months following a strong public backlash to Sound Transit’s new motor vehicle excise (MVET) tax for ST3, state lawmakers this week commenced formal investigations...

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