Washington’s improving fiscal picture isn’t an anomaly. A recent New York Times analysis shows that nearly half of states saw their revenues increase from April to December of last year. And many more experienced only slight declines. A key factor was federal aid that allowed even laid off workers to keep spending. Now, more federal money is headed to states from the Read More
Each of the proposals is different. But for many Democrats, as well as others on the political left, the goal is the same: Make the richest Washingtonians pay for COVID-19 relief programs and other services that would help people who are struggling. Democrats also say the state's current tax system is highly regressive, meaning lower-income people pay a larger share of Read More
Washington billionaires would pay a “wealth tax” under a proposal in the state House that will get a public hearing on Tuesday. The bill is sponsored by Democratic state Rep. Noel Frame, who chairs the House Finance Committee, and would impose a one percent tax on intangible financial property, such as stocks and bonds, futures contracts and publicly traded options. A Read More
The panel that sets highway and bridge tolls in Washington is recommending the state follow Oregon's lead and phase in a pay-by-the-mile road tax to make up for expected declines in gas tax revenue. The nonbinding recommendation to the Washington Legislature from the state Transportation Commission drew flak from skeptical taxpayers and faces a bumpy road ahead in the 2020 Read More
Thursday was supposed to be the day that a Washington state ballot measure to lower car registration fees took effect. But the state Supreme Court has let an injunction stand against what is known as the $30 car tabs initiative. That means hundreds of thousands of drivers will get full price bills in the coming months that they thought they had voted to reduce. Read More
As expected, the initiative’s passage prompted legal action, led by Seattle-area governments and public transit supporters protesting a projected $4.2 billion cut in revenue for transportation and transit projects over the next six years. But there has been an unexpected addition to that Puget Sound-centric group: the Garfield County Transportation Authority. Read More
Load More