taxes

Taxes
2:43 pm
Fri May 16, 2014

A Pack Of Smokes Might Get Pricier

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.

Initial Votes Tallied
4:15 pm
Fri April 25, 2014

New Bus Initiative Filed For Seattle Only, Prop 1 Continues To Fail

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.

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Amazon
1:16 pm
Tue April 22, 2014

Online Sales Taxes Shift Consumer Behavior, Study Shows

Monica Chavez packs up a box at an Amazon.com fulfillment center Dec. 2, in Phoenix.
Ross D. Franklin AP

Originally published on Wed May 14, 2014 2:34 pm

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.

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News From Canada
3:41 pm
Wed March 26, 2014

Harper Appointee Benched And Cross-Border Tax Break

Supreme Court of Canada in Ottawa.
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.

Tax Fraud
3:00 pm
Fri March 14, 2014

Data Breach At Archdiocese Prompts Early Student Release At Bishop Blanchet High School

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.

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Government
8:38 am
Thu February 27, 2014

Washington Legislature On Collision Course Over Tax Breaks

Cacophony Wikimedia

Originally published on Wed February 26, 2014 3:01 pm

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

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Government
8:43 am
Wed February 26, 2014

Washington Senate Democrats Target Tax Exemptions To Fund Schools

File photo of the Washington Senate chamber.
Lincolnite Wikimedia

Originally published on Tue February 25, 2014 3:30 pm

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

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Government
8:38 am
Tue February 25, 2014

Washington Senate Includes Nearly Two Dozen Tax Breaks In Budget Plan

File photo of the Washington State Capitol Building
Wikimedia

Originally published on Tue February 25, 2014 7:37 am

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

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Agriculture
8:36 am
Thu February 20, 2014

Ore. Farmers Want Tax Break For Donated Crops

USDA

Originally published on Wed February 19, 2014 5:10 pm

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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Tax Season
12:42 am
Thu February 20, 2014

Why More Americans Are Renouncing U.S. Citizenship

A case against the Swiss bank UBS in 2008 led Congress to create more regulations for foreign banks holding American money. Rather than comply, many banks opted to stop serving American account-holders.
Fabrice Coffrini AFP/Getty Images

Originally published on Thu February 20, 2014 5:32 am

A few times a year, the Treasury Department publishes a long list of names announcing all of the Americans who have lately abandoned their U.S. citizenship.

According to the legal website International Tax Blog, the number hovered around 500 a decade ago. Last year, it hit a record high of nearly 3,000.

This was not a gradual change. It was a sudden spike. It's a story of dominoes falling, one after another, leading to an unexpected outcome.

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Tax Breaks
9:22 am
Wed January 29, 2014

Washington Governor Makes Another Push To Close Tax Exemptions

File photo of Washington Governor Jay Inslee
Christina Salerno TVW

Originally published on Tue January 28, 2014 4:48 pm

Washington Governor Jay Inslee continued his push on Tuesday for lawmakers to close tax exemptions to fund education.

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Alternative Fuel Vehicles
9:14 am
Wed January 29, 2014

Slow Uptake Of Electric Cars Prompts Calls To Extend Washington Tax Break

Nissan Leafs charge on the Washington state capitol campus Tuesday.
Tom Banse Northwest News Network

Originally published on Tue January 28, 2014 3:48 pm

The slow uptake of electric cars by Northwest drivers is prompting calls to extend a tax break in Washington state for new vehicles powered by alternative fuels.

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Income Inequality
4:03 pm
Mon January 27, 2014

Will Raising The Minimum Wage Rescue The Economy?

Jim McTague of Barron's says raising the minimum wage won't solve unemployment and poverty.
Flickr Photo/Tax Credits (CC BY-NC-ND)

David Hyde talks with Jim McTague, of financial magazine Barron's, about income inequality and why  he says raising the minimum wage is a "crowd-pleaser" solution.

Economy
3:12 pm
Thu January 23, 2014

How Rising Taxes For Wealthy Americans Will Impact Economic Inequality

A household earning more than $1 million will see their taxes rates rise on average by $41,000.
Flickr/401 (K) 2012 (CC BY-NC-ND)

David Hyde talks with economist Dean Baker about why tax rates for wealthy Americans are going up and how that could impact economic disparity.

Sports & Taxes
3:36 pm
Sat January 18, 2014

The NFL: Big Business With Big Tax Breaks

MetLife Stadium in New Jersey will hold the 2014 Super Bowl. The stadium gets a break on local property taxes.
Julio Cortez AP

Originally published on Sun January 19, 2014 8:04 am

If you're a football fan, Sunday is kind of like Christmas.

Two conference championship games will determine the teams that advance to the Super Bowl, and the matchups couldn't be more exciting: Denver vs. New England (Peyton Manning vs. Tom Brady). And some would say the other game, pitting San Francisco against Seattle, might just feature the two best teams in the league.

America shows its love for the sport in many ways beyond breathless anticipation of big games. It also gives back to the National Football League with tax breaks and publicly funded stadiums.

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