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