taxes

Senate Tax Rule
4:22 pm
Mon March 2, 2015

Washington Lt. Governor Tosses Two-Thirds Rule For 'New' Taxes

Washington Lt. Governor Brad Owen
Office of the Lieutenant Governor

Originally published on Mon March 2, 2015 3:10 pm

In January, the Washington state Senate adopted a rule requiring that new taxes pass the Senate by a two-thirds vote. Monday Lt. Governor Brad Owen tossed it out.

Owen said the super majority threshold runs afoul of the state constitution. Owen pointed to a 2013 Washington Supreme Court ruling that overturned a voter-approved super majority requirement for tax hikes.

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Washington Budget
4:56 pm
Fri February 20, 2015

Higher Tax Collections Lowers Pressure On Washington Lawmakers To Raise Revenue

File photo of the Legislative Building on the Washington State Capitol campus in Olympia.
Tradnor Wikimedia

Originally published on Fri February 20, 2015 3:05 pm

In Olympia, legislative budget writers got a shot of good news Friday regarding tax collections.

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Oregon Economy
3:33 pm
Thu February 19, 2015

Oregon Economists Predicting 'Likely' Kicker

Shaundd Wikimedia

Originally published on Thu February 19, 2015 3:01 pm

Oregon taxpayers could receive an unexpected windfall next year.

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Senate Tax Rule
5:10 pm
Mon January 12, 2015

New Taxes Will Require Two-Thirds Vote In Washington Senate

A rule that requires a two-thirds vote to bring proposals for new taxes to the floor was adopted Monday by the Washington Senate.
Credit Aspaschen / Wikimedia

The Republican-controlled Washington Senate has voted to make it harder to approve new forms of taxation.

The Senate Monday narrowly adopted a rule that requires a two-thirds vote to bring proposals for new taxes to the floor for a final vote. Republican Joe Fain defended the rule change.

"It only would impact things like a capital gains tax or an income tax or a radical change to our tax structure in this state which I think, reasonably, should require a higher threshold from this chamber if we’re going to do so,” Fain said.

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2015 Legislative Session
8:03 am
Mon January 12, 2015

Tax Fight Looms As Washington Legislature Convenes

The Washington legislature convenes Monday for a 105-day budget-writing session.
Credit Austin Jenkins / Northwest News Network

 

It’s said that death and taxes are the only certain things in life. But it’s almost always certain that Democrats and Republicans will disagree on taxes.

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Government and Politics
4:41 pm
Thu January 8, 2015

Under Republican Attack, Washington Governor Defends Tax Proposals

Washington Governor Jay Inslee defends himself against Republican critics who say higher taxes should be a last resort.
Austin Jenkins Northwest News Network

Originally published on Thu January 8, 2015 3:24 pm

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

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Tax Poll
5:32 pm
Tue January 6, 2015

Elway Poll Suggests Washington Voters Open To Higher Taxes

A new Elway Poll suggests that Washington voters are open to some new taxes.
Elway Research

Originally published on Tue January 6, 2015 3:14 pm

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.

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Washington Budget
7:42 am
Fri December 19, 2014

Washington Governor Proposes Capital Gains Tax On Wealthy

Washington Governor Jay Inslee unveils his budget proposal in Olympia, Wash. Thursday.
Credit Austin Jenkins / Northwest News Network

Oregon and Idaho have a capital gains tax. Now Washington Governor Jay Inslee wants to enact one. It’s part of a $1.4 billion tax package the Democratic governor proposed Thursday.

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Tax Proposal
4:31 pm
Tue December 9, 2014

Washington Governor Likely To Propose Robust Tax Package

According to the governor’s budget director, Gov. Jay Inslee has planned to propose a mix of cuts and revenues to balance the upcoming two-year budget.
Credit Brianhe / Wikimedia

Washington Governor Jay Inslee is likely to propose a more than $1 billion revenue package when he unveils his proposed two-year budget next week.

That’s according to the governor’s budget director who briefed reporters Tuesday at the Capitol.

Washington is expected to take in nearly $3 billion more in taxes over the next two years. Even so, the governor’s budget office anticipated a nearly $2.5 billion shortfall. A school funding lawsuit and cost of living raises for state and K-12 employees are two big ticket items.

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Oregon Economy
5:07 pm
Wed May 28, 2014

Oregon Revenue Forecast Up As Job Growth Continues

Job growth is driving an expected increase in tax revenue for Oregon.
Credit M.O. Stevens / Wikimedia

Oregon's economy still hasn't recovered to pre-recession levels. But state economists told lawmakers Wednesday that job growth is driving an expected increase in tax revenue for the state.

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