taxes

Washington Governor Jay Inslee said Thursday, "it is time to reinvest in Washington." He proposed that the state adopt a new capital-gains tax to help fund a $39 billion two-year budget that would prioritize education, union-negotiated pay raises for state employees, and avoid what the Democratic governor calls “devastating” cuts to corrections, higher education and social services.

To raise taxes, or not raises taxes? That is the question. Washington Democrats have been hinting at yes. Republicans like Senate budget chair Andy Hill say it’s a last resort.

The Internal Revenue Service has warned of tax season chaos if Congress fails to pass a series of breaks by the end of November. The so-called tax extenders include everything from deductions for school teachers who buy classroom supplies to faster depreciation for business equipmentent.

Washington State Taxes Poor Harder Than Rich

Sep 24, 2014

Jeannie Yandel speaks with Marilyn Watkins, policy director at the Economic Opportunity Institute, and Paul Guppy, vice president for research at the Washington Policy Center, about how Washington state should amend its tax policy to be fair and competitive.

In a manner of speaking, millions of dollars of "drug money" is starting to flow into Washington state coffers.

Flickr Photo/John Biehler (Cc-BY-NC-ND)

Seattle’s Prop 1 is ahead 52.4 to 47.6 percent in Tuesday’s primary election totals. The measure would change the way park maintenance is funded. Supporters promise parks that are better maintained; opponents say accountability will be the challenge.

A Pack Of Smokes Might Get Pricier

May 16, 2014
Flickr Photo/Valerie Everett (CC-BY-NC-ND)

Ross Reynolds talks with Sandeep Kaushik, spokesperson for the initiative that is looking at increasing the tax on tobacco by $1 in order to fund a cancer prevention program.

Flickr Photo/Canadian Pacific

UPDATE: 4/25/14, 4:15 p.m. PT.

Votes are still being tallied, but King County voters so far are rejecting Proposition 1. That almost certainly means cuts to buses.

A new Seattle-only initiative will try to save buses inside city limits. A group called Friends of Transit said it filed the initiative with the Seattle City Clerk's Office Friday.

Technically, consumers are supposed to pay taxes on things they buy online. In fact, few do.

Congress is considering a bill called the Marketplace Fairness Act that would force many online sellers to collect sales taxes for the first time.

In the meantime, some states have already enacted so-called Amazon taxes, forcing the giant online retailer to collect sales taxes the same way traditional brick-and-mortar stores do.

Flickr Photo/West Annex News (CC BY-NC-ND)

Marcie Sillman talks with Vancouver Sun columnist Vaughn Palmer about Prime Minister Stephen Harper's attempt to fill a vacant seat on the Supreme Court of Canada and cross-border shoppers getting a break on their purchases.

The Archdiocese of Seattle has hired a forensic security team to help investigate a data breach that has affected employees and church volunteers. Someone has apparently acquired personal information and has been using it to file false tax returns to collect the refunds.

The final two weeks of the Washington legislature may come down to a battle over tax breaks.

Minority Democrats in the Washington Senate want to tax oil refineries, bottled water, prescription drug resellers and out-of-state shoppers.

The Washington Senate is proposing the creation or extension of nearly two dozen tax breaks -- mostly for businesses.

Oregon farmers are hoping the state Legislature makes it worth their while to donate crops that would otherwise go to waste.

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