In a controversial deal to keep aerospace jobs in Washington State, The Boeing Company was awarded the largest corporate tax break in the history of the United States. The law, signed last year, extends a B&O tax cut for the…
In a controversial deal to keep aerospace jobs in Washington State, The Boeing Company was awarded the largest corporate tax break in the history of the United States. The law, signed last year, extends a B&O tax cut for the…
The fourteen tax breaks proposed by the state Senate – despite a revenue shortfall and $1 billion funding deficit in K-12 education – beg the question: can we really afford this? Some loopholes have their place, but as the state…
The latest economic forecast for Washington state, issued by Washington’s soon-to-be-former Chief Economist Arun Raha, shows we may be beginning to dig out from the recession – but public sector cuts are holding back the recovery: The bright spots: The…
From the Everett Herald: Years ago there was a comic strip named “Pogo.” One of the most insightful strips was a distilled discussion of human foibles, in which Pogo announced, “We have met the enemy and he is us!” When…
From the Everett Herald: What would you think if you could just drive over to your local Apple Store and when you walked in, they handed you a new iPad. For free. You wouldn’t believe it. That’s because you know…
The fate of special business tax exemptions is once again under consideration in Washington state – but not by state legislators. (At least, not yet.) This time, a citizen commission is reviewing tax exemptions to determine their economic impact –…
From the Everett Herald: The era of 9/11 may have been brought to a close last week with the killing of Osama bin Laden. President Obama spoke of bringing to justice bin Laden, the mastermind of the 9/11 attacks. He…
From the Spokane Spokesman-Review: Washington state is fast on its way to becoming the Evergreen gated community, with starkly different futures for the haves and have-nots. It’s time to tell our elected officials to set a better course. Our state…
By Gary Burris, EOI Senior Policy Associate State legislators are floating new proposals to end billions of dollars in tax loopholes now on the books, in an effort to curb $5 billion in projected cuts to education, health care and…
As we’ve noted in previous posts, Washington’s tax structure, last updated in the 1930s, is riddled with tax exemptions for private industry and relies heavily on a sales tax that hits our low- and middle-income workers hardest. This not only…