Business & Economy

Business & Economy

Plug-in cars charge up at the Washington State Capitol Campus. A disproportionately high number of the state's legislators drive electric vehicles compared to the general population. CREDIT: TOM BANSE

Pay-Per-Mile Tax Gets A Test Drive In Washington Legislature To Augment Gas Tax

Washington state senators have teed up a mileage-based tax for electric and plug-in hybrid vehicles as the first step toward changing how the state pays for road maintenance and other transportation needs. Policymakers expect gas tax revenue to decline long term. Oregon has been experimenting with a per-mile charge for years. Continue Reading Pay-Per-Mile Tax Gets A Test Drive In Washington Legislature To Augment Gas Tax

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File photo. Washington state's richest residents, including Bill Gates and Jeff Bezos, would pay a wealth tax on certain financial assets worth more than $1 billion under a 2021 proposed bill whose sponsor says she is seeking a fair and equitable tax code. Under the bill, starting Jan. 1, 2022, for taxes due in 2023, a 1% tax would be levied not on income, but on "extraordinary" assets ranging from cash, publicly traded options, futures contracts, and stocks and bonds. CREDIT: Elains Thompson/AP

Why Bill Gates Is Investing Big Time In Farmland Across Washington And The Country

Seattle’s technology billionaires are many things: innovators, visionaries, philanthropists and some less polite descriptors, depending on whom you ask. But thanks to some scrupulous digging by industry journal The Land Report, which tracks land ownership across the country, we now know that Microsoft co-founder Bill Gates has another feather in his multi hyphenated career cap: America’s Top Private Owner of Farmland.  Continue Reading Why Bill Gates Is Investing Big Time In Farmland Across Washington And The Country

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Occupy Wall Street march in 2012

‘The Game Is Rigged’: How Fury Over The Great Recession Fueled The Reddit Trade

WallStreetBets started as an investment forum — and its moderators continue to insist it is just that as the group has now grown to boast nearly 9 million members. But interviews with some of its members and an examination of its threads also show something else — that it’s morphed into a movement of sorts, riding a giant wave of unresolved anger from the Great Recession. Continue Reading ‘The Game Is Rigged’: How Fury Over The Great Recession Fueled The Reddit Trade

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