Thursday, June 13, 2013

Tax increases for compensation enhancements?

Though various reform bills proposed by the Senate have been pointed to by state Democrats and Governor Inslee as holding up a budget deal, the real sticking point continues to be whether to increase taxes despite the fact state revenues are currently projected to increase by $2 billion for the 2013-15 biennium (and may increase more at next week's Revenue Forecast). The Majority Coalition Caucus in the Senate has gone on record saying they'd agree to some tax increase if the House acts on the reform bills but it is likely Senators would readily agree to a no-new-taxes budget even without the reforms . . . READ MORE


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