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taxes

School funding, a roads-and-transit package and medical marijuana are among the hot topics as the Washington legislature convenes Monday.

Washington Governor Jay Inslee is defending his call for higher taxes in 2015. The Democrat reacted Thursday to criticism from Republican lawmakers.

Washington voters would prefer no new taxes and no deep cuts to state services. But if that’s not possible, they’re open to some new taxes.

Some cities and counties around the Northwest are tightening up local rules on businesses that sell e-cigarettes. And shop owners in Washington state are bracing for a tax fight at the legislature in 2015.

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.

Flickr Photo/victoriabernal (CC-BY-NC-ND)

Ross Reynolds talks with former Secretary of Labor Robert Reich about whether Seattle's $15 an hour minimum wage will work in lessening economic inequality, and how Washington's tax system burdens the poor more than the rich.

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.

KUOW Photo/Amy Radil

Low-income transit passengers say the last few years have been difficult in King County with multiple fare increases and the end of the ride free zone in Seattle. But they are torn about whether to support Proposition 1, which would raise taxes in order to maintain existing Metro transit service.

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.

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.

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

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.

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.

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.

The NFL: Big Business With Big Tax Breaks

Jan 18, 2014

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.

KUOW Photo/Deborah Wang

Political leaders in King County want voters to help stave off drastic cuts to Metro bus service.

On Tuesday, King County Executive Dow Constantine proposed raising car tab fees, sales taxes and bus fares. The money would pay for transit service and road maintenance.

Washington initiative promoter Tim Eyman kicked off the New Year with a new ballot proposal.

Washington Governor Jay Inslee’s hopes for a gas tax package agreement before the end of the year have been dashed.

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