Bill Radke discusses the week’s news with South Seattle Emerald’s Lauryn Bray, political analyst and contributing columnist Joni Balter, and KUOW’s David Hyde.
The U.K. has lowered taxes on draft beers in pubs, in what it's calling its biggest shakeup to alcohol tax in a century. But taxes on other alcoholic beverages are rising, so not everyone is cheering.
Seattle’s business community is bristling at a proposal to expand taxes that target large, wealthy companies in the city. It’s one of several ideas that came out of a workgroup of stakeholders tasked with exploring ways to close an impending budget gap.
Today, a Seattle stakeholder group made up of civic, labor and business leaders presented some bold ideas in a new report on how the city could try and fill a looming budget gap. According to the report, Seattle’s spending is outpacing tax revenue. As a result, the city forecasts a giant deficit of around $221 million in 2025 and another $207 million in 2026.
It’s part of a federal program to encourage investment in so-called "Opportunity Zones" like the Rainier Valley. Today, local leaders celebrated one project under construction.
Washington Cares tax hits worker paychecks
Soundside host Libby Denkmann sits down with WA Cares Fund director Ben Veghte to talk about how the long term care plan works, and what it means before the payroll tax to fund the plan starts on July 1st.
City Council member Alex Pedersen is proposing a capital gains tax in the city. It’s part of an effort to rethink regressive taxes, and it if it's successful, it'll shave some money off your water bill.
Seattle Times reporter Sarah Grace Taylor explains the proposal, and why the city is looking for new tax ideas.