business

Marijuana Law
2:17 pm
Tue April 2, 2013

For Legal Pot Sellers, A Big Tax Problem

Erica Freeman of Choice Organics weighs medical marijuana for a customer.
Grace Hood for NPR

Originally published on Tue April 2, 2013 6:56 pm

An obscure tax code provision crafted for drug dealers is giving state-licensed medical marijuana dispensaries a headache.

In Colorado, federal income tax rates for dispensaries can soar as high as 70 percent because of a tax code section that does not allow businesses to claim certain deductions.

The section is known as 280E, and it was originally written for illegal drug traffickers. But today it's a thorn in the side of licensed dispensary owners like Erica Freeman.

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More from KUOW
11:18 am
Tue April 2, 2013

Why Does Amazon Support Online Sales Taxes?

An Amazon.com team member loads boxes of fulfilled orders into a truck at their Fernley, Nev., warehouse on Dec. 1, 2008.
AP Photo/Scott Sady

It's rare that you get Republicans and Democrats agreeing on taxes, but that's what's happening in the other Washington and it might impact us here in the evergreen state.

The tax bill known as the Marketplace Fairness Act of 2013 would require Internet retailers who make more than $1 million in sales annually to collect sales taxes even if the retailer isn't physically located in that state.

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Urban Development
7:29 am
Fri March 29, 2013

Goodbye Greyhound, Hello Huge Hotel

Pastor Joanne Engquist of Gethsemane Lutheran Church, which provides low-income housing across the street from the proposed hotel site.
Liz Jones KUOW

A new mega-hotel proposed for downtown Seattle aims to draw more big conventions to the city. The developer posted its official public notice with the city Thursday, as a first step in the approval process. The proposal is to build a 43-story tower on the block that’s currently home to the Greyhound bus station.

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Federal Budget Impact
5:11 pm
Tue March 26, 2013

Defense Contractor Lays Off One-Third Of Its Joint Base Lewis-McChord Staff

Elizabeth Sowersby was laid off from her job as a helicopter electrician at Joint Base Lewis-McChord.
KUOW Photo/Patricia Murphy

Last week the Department of Defense delayed anticipated furlough notices for civilian employees. The DOD said the two-week delay would allow it to analyze the impact of the federal budget sequester on its workforce.

But not everyone got a reprieve.

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Aviation Workforce Reduction
4:44 pm
Fri March 22, 2013

Boeing Machinists Optimistic Despite Layoffs

A Boeing 747-8 being readied for its first flight at Paine Field in Everett, Washington..
Flickr Photo/Chuck Taylor

Boeing has announced it will lay off 800 machinists in the Puget Sound area this year. The company says workforce needs on two of its newest jet programs have been reduced.

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Low-Skilled Workers
5:04 pm
Wed March 20, 2013

Immigration Reform In The Restaurant Kitchen

Haitian immigrant Jean Emy Pierre, center, head chef at Colors, a restaurant co-owned by a multinational immigrant staff, with his kitchen staff as they prepare for dinner customers in New York.
Credit AP Photo/Bebeto Matthews

Next time you go out for a nice dinner, give a listen near the restaurant’s kitchen. Amid the bustle, there’s a decent chance you’ll hear chefs, cooks or dishwashers speaking Spanish.

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Starbucks Campaign Cash
7:29 am
Wed March 20, 2013

UPDATE: Starbucks Shareholders Want Ban On Political Contributions

Starbucks shareholder Bruce Herbert lobbies for a proposal that would prohibit Starbucks from contributing to political campaigns.
KUOW/Deborah Wang

Story last updated by Phyllis Fletcher on March 20, 2013 at 1:50 p.m.

Starbucks holds its annual shareholders’ meeting Wednesday in Seattle. On the agenda: a proposal from a group of investors that’s meant to limit the company’s involvement in elections.

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Apartments And Density
1:13 pm
Mon March 18, 2013

Microhousing: Small Spaces Raise Big Questions

Micro-housing under construction on Capitol Hill.
Flickr Photo/jseattle

Dane Corrida works as a hotel manager for a luxury cruise line based in Seattle. He owns a house on Capitol Hill, but since he spends most of his time working on the boats, he rents it out. If he has a couple of weeks off here and there, he can usually charm a friend or two into letting him couch surf.

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Drug Distribution
12:33 pm
Mon March 18, 2013

Mechanized Marijuana Dispenser Offers One Regulation Solution

Now that Washington has approved legalized marijuana, the state faces logistical challenges regarding marijuana dispensing, including defining consumer limits and determining business regulations. Weekday spoke with consultant and Medbox CEO Dr. Bruce Bedrick who shared his advice about marijuana dispensing.

Interview has been edited for clarity.

Why does legal marijuana need different controls than alcohol?

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Executive Pay
5:17 pm
Fri March 15, 2013

Striking Providence Hospital Workers Criticize Nonprofit CEO’s $6 Million Pay

More than 500 workers at Providence St. Peter Hospital in Olympia are on strike.

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Relaunching The 787
3:44 pm
Fri March 15, 2013

Boeing Says It Can Install A Better Battery

Boeing presented a graphic to the public to demonstrate proposed improvements to the 787 battery.
Boeing

The Boeing Co. unveiled what executives called a "proposed permanent solution to the 787 battery issue" Thursday  night. The company’s 787 fleet has been grounded for two months because of safety concerns over the plane’s lithium-ion batteries. Two batteries in the fleet’s first 50 planes have had smoke and fire incidents.

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News & Culture
10:00 am
Wed March 13, 2013

Canada, Culture And Commerce: Coal Ports And Movie Direction

Coal transport by train.
Credit Flickr Photo/Ryan Sitzman

Vancouver Sun political correspondent Vaughn Palmer brings us the latest news from Canada. And it turns out Canada doesn’t want a coal port either. Then, film critic Robert Horton asks the question: What does it mean when something is “directed” in a movie? Also, Seattle Times economy columnist Jon Talton explores how the sequester cuts will affect our local economy.   

Paltry Pot Parcels
3:38 pm
Tue March 12, 2013

Scarce Real Estate For New Marijuana Stores

Legalization advocate Greta Carter says marijuana retailers can't find space for rent.
KUOW Photo/Amy Radil

A new state law says you can have a licensed retail store for recreational marijuana, but it can’t be located within 1,000 feet of many facilities: schools, parks, transit centers, arcades, or libraries. In Seattle, that 1,000-foot rule means most of the city is off-limits. Smaller cities may have no eligible sites.

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Breaking Dreamliner Update
2:22 pm
Tue March 12, 2013

FAA Gives Boeing Go Ahead To Test New Battery System

The lithium-ion battery that started a fire on a 787 at Boston Logan Airport. An NTSB report said the fire injured one firefighter and was hot enough to melt steel.
NTSB Photo

Last Updated: March 12, 2013 5:30 p.m. 

In a statement, the FAA said Boeing could go ahead with its plan to test a redesigned battery system for the 787. The FAA also gave the green light to limited flights for two aircraft that will have test versions of the new systems.

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Workforce Housing
6:16 pm
Mon March 11, 2013

City Council At Odds Over South Lake Union Affordable Housing

Aerial image from developer Vulcan highlights Seattle's South Lake Union.
Image Courtesy/Vulcan

The city of Seattle is trying to solve a problem: Many of the people who work in Seattle can’t afford to live here.

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