News

OLYMPIA, Wash - Oregon shoppers in Washington would pay sales tax and bottled water would be taxed under a proposal from Governor Jay Inslee to raise $1.2B in additional money for public schools.

Inslee, a Democrat, proposed Thursday to end or modify a dozen tax exemptions, extend two expiring tax hikes, and cut back by 25-percent a favorable tax rate that many businesses enjoy.

OLYMPIA, Wash. – One of the Northwest’s most visible payday lenders is back in the middle of a fight over short-term loans. Moneytree wants the Washington legislature to approve a new type of consumer loan.

This new loan would give short-term borrowers more money up front, but also more time to pay it off. Someone in a financial pinch could borrow up to $1,500 cash over 12 months.

In testimony before a panel of lawmakers, opponent Bruce Neas noted that all the fees and interest could add up to more than the amount of the original loan.