Washington state’s vibrant and diverse economy doesn’t hint at it. Neither does Seattle’s red-hot construction and tech boom, nor the sheer wealth of some of our residents. You’d never know it by the tens of thousands of people moving to Puget Sound for the plentiful jobs and outdoorsy lifestyle.
But, Washington has a tax problem.
It simply can’t seem to raise enough money to fund basic services. Especially not in ways that feel fair to most people or even meet what courts say are the fundamental expectations for important services. Read more: https://kcts9.org/node/55446
More info on What’s Up With Washington State’s Tax System?
What’s Up With Washington State’s Tax System? - BingNews Search results
-
What are Idaho’s public lands worth? Lawmakers aim to find out – and to get U.S. to pay
It’s hard to quantify the worth of Idaho’s public lands, so popular for outdoor activities from hunting and fishing to hiking and bird watching. But state legislators hope to put a price tag on the 32 ...
-
Capital gains tax bill heads to House after passing Washington Senate
After a more than four-hour long debate, the bill passed 25-24 despite stiff opposition from Republicans who call it an unconstitutional income tax. Three Democrats also voted against it.
-
Capital Gains Tax Bill Narrowly Passes Washington Senate
The bill now heads to the house for consideration, but even if it passes there, it's likely it'll be taken up by the courts.
-
Washington state Senate narrowly approves capital gains tax after marathon debate
The Washington state Senate on Saturday narrowly approved a bill to introduce a tax on capital gains from the sale of assets such as stocks and bonds. It now heads to the House of Representatives for ...
-
Inslee calls for more spending on Washington state highway, ferry maintenance
Gov. Jay Inslee, standing near the Interstate 5 Ship Canal Bridge, calls for more spending on road preservation. An estimated $8.1 billion is needed to bring a 7,000 mile network and ferries up to ...
-
Received Unemployment Insurance? You Could Owe Thousands In Taxes
According to recent reports, millions of Americans who received unemployment insurance in 2020 — some 40 million people — could actually find that they were taxed on their unemployment insurance when ...
-
How $1 billion in pot taxes get spent in Washington
This year marks a milestone for the state’s legal pot industry. For the first time since voters approved recreational pot use nine years ago, the state of Washington is expected to collect more than $ ...
-
How $1 billion in pot taxes gets spent in Washington state
This year marks a milestone for the state’s legal pot industry. For the first time since voters approved recreational pot use nine years ago, the state of Washington is expected to collect more than ...
-
Jeff Bezos would owe $2 billion a year in state taxes if Washington passes wealth tax
Walczak said any of these individuals could move to another state, setting it as their primary residence, and still spend up to 182 days a year in Washington ... most unequal tax system in the ...
-
New Seattle-area unicorn CEO warns about changing state's tax structure
"When he wakes up and says ... introduced a wealth tax bill in the state Legislature with the goal of creating a more equitable tax system. According to the bill, Washington's low-income families ...
-
Washington state eyes 'billionaire tax' on the ultra rich
Washington state’s richest ... to avoid the tax. “It sets a very troubling precedent,“ he said. ”If 7 million Washingtonians gang up on the nine richest this year, what’s to stop us ...