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


Post a Comment