Tax increases will cost even more Washingtonians their jobs

A new study by the Washington Research Council shows that tax increases will cost thousands of Washingtonians their jobs. According to the study, increasing the state Business and Occupation tax (B&O) by $1 billion would eliminate up to 15,072 jobs. A $2.6 billion B&O tax increase would cost 38,968 Washingtonian’s their jobs. A $1 billion sales tax increase would eliminate 14,759 jobs. A $2.6 billion sales tax increase would eliminate 38,024 jobs. The study shows jobs losses by 2013. Today the Washington Policy Center is running a full-page ad in The Olympian warning lawmakers about the impact of tax increases. The ad focuses on the job loss findings from the study . . . READ MORE