A new state capital gains tax. An expanded and fully funded tax credit for lower-income families. Fresh investments in disaster preparation and foundational public health. And significant new spending in early learning and child care. Those are among the elements of a proposed $59.2 billion, two-year budget Washington Senate Democrats unveiled on Thursday. Read More
Washington’s 105-day legislative session has crossed the halfway point and a key deadline for policy (non-budget) bills to clear their chamber of origin has passed. Majority Democrats are moving swiftly to enact a pandemic-era agenda focused on issues like tax reform, police accountability, racial equity and global climate change. Minority Republicans, meanwhile, are Read More
Even as the state of Washington’s revenue picture improves, majority Democrats in the Legislature appear committed to a course that will, one way or another, involve raising taxes this year. Not necessarily to balance a recession-era budget, but instead to reform a tax code they view as regressive and to address gaps and inequities exposed by the global pandemic. Read More
Washington Senate Democrats on Friday proposed a capital gains tax that would fund a suite of tax reductions for low-income families, small businesses and senior citizen homeowners. The tax proposal was rolled out in conjunction with the Senate Democrats' unveiling of a $52 billion two-year state spending plan, which followed a House Democratic budget presentation earlier Read More
Olympia State Capitol Building TED S. WARREN / ASSOCIATED PRESS Listen Democrats are declaring victory in a special Washington state Senate race that will give them one-party rule in Olympia. A new vote tally Wednesday showed Democrat Manka Dhingra maintaining her lead in the 45th district race in the Seattle suburbs. Olympia Correspondent Austin Jenkins says… Read More
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