Thursday, February 28, 2013
Next steps for the voter approved, but Court tossed 2/3 for taxes requirement
With today's long awaited ruling by the State Supreme Court striking
down the five-time voter approved requirement first enacted in 1993 that
tax increases receive a 2/3 vote of the legislature or voter approval,
what happens next? That depends on our lawmakers . . . READ MORE
Labels:
Taxes
Wednesday, February 27, 2013
The day legislative Democrats supported a 2/3 for taxes requirement
Based on the overwhelming support for I-1053 in 2010 and I-1185 in
2012 (both passing with 64%) it is safe to say that Democrats,
Republicans and Independent voters across the state support the
requirement for tax increases to receive a 2/3 vote or be sent to voters
for approval. Despite I-1185 passing in 44 of the state's 49 legislative districts, however, that support does not appear to extend to Democrats in the Legislature (with a few exceptions). Judging from the vote on a bill in 2006, however, this was not always the case . . . READ MORE
Labels:
Taxes
Tuesday, February 26, 2013
Legislative public notice for bill hearings starts to slip
Up to this week the Legislature had been doing a decent job of adhering
to its rules that require a five-day public notice before a bill is
heard in a hearing . . . READ MORE
Labels:
Open Government
Wednesday, February 20, 2013
Tax preference review bill introduced
A bipartisan bill to ensure tax preferences identify legislative intent
and have performance metrics was introduced today by Senators Tom,
Billig, Hill, Hobbs and Murray. Here is the intent section for SB 5843 . . . READ MORE
Labels:
Taxes
Thursday, February 14, 2013
Where's the love for jobs?
No matter where your turn the word from the White House to the Governor to our state lawmakers is jobs, jobs, jobs. Despite the professed love of entrepreneurs and growing our economy back to respectability, Washingtonians will be provided a glimpse this afternoon of five tax increase proposals that would cost jobs. I asked the Beacon Hill Institute at Suffolk University
to model the impact on jobs creation or destruction of the tax increase
proposals being heard today in the Senate Ways and Means Committee. Here are the results by bill on jobs (the numbers are the net
difference between private sector jobs lost and public sector jobs
gained) . . . READ MORE
Labels:
Taxes
Friday, February 8, 2013
Tax increase proposals scheduled for public hearing on Valentine's Day
The Senate Ways and Means Committee has scheduled public hearings for
various tax increase bills on Valentine's Day next week (2/14). If all
the bills were adopted, the projected 10-year tax increase would exceed
$38 billion. That's a whole lot of love for taxpayers’ wallets but may not be the
love letter Washingtonians were expecting in this tough economic
climate. Here are the 10-year tax increase projections for the bills according to the Office of Financial Management . . . READ MORE
Labels:
Taxes
Wednesday, February 6, 2013
Senate considers supermajority for taxes constitutional amendments
The Senate Government Operations Committee will hold a public
hearing tomorrow (2/7) on three proposed constitutional amendments to
cement the voters consistent support for requiring a supermajority vote
to raise taxes. Voters in Washington have enacted or affirmed the two-thirds vote
requirement for tax increases five times during the past 20 years . . . READ MORE
Labels:
Taxes
Tuesday, February 5, 2013
Budget transparency bills introduced
Two bills were introduced in the House today that would improve the
transparency of the state's various budgets (operating, capital and
transportation). HB 1721 proposed by Representatives Pike, Alexander, Wilcox, Harris,
Crouse and Overstreet would create a 72-hour timeout before votes could
occur on appropriation bills. According to the intent section of HB 1721 . . . READ MORE
Labels:
Budget
Monday, February 4, 2013
What to do about the state’s B&O tax and various preferences
The Everett Herald ran our op-ed yesterday calling for a Single Business
Tax to eventually replace the current Business and Occupation Tax
(B&O). From the op-ed . . . READ MORE
Labels:
Taxes