Thursday, March 28, 2013
Senate work session focuses on WPC B&O reform proposal
Business taxes took center stage today in Olympia. While the morning
started with a work session in the Senate Trade and Economic Development
Committee on how to reform the state's hated Business & Occupation
Tax (B&O), the afternoon began with Governor Inslee's attempt to re-define what a tax increase is. On the last point I'm reminded of this famous exchange from The Simpson's concerning whether a proposed tax increase was a "colossal salary grab" or instead a "temporary refund adjustment." While I'll leave that debate for another day, here is video from this morning's Senate work session on our proposal to replace the B&O with a Single Business Tax . . . READ MORE
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