Minority leader: Democrat proposals ‘tax the joy out of being a Washingtonian’
- Democrats in Olympia, Wash., holding the majority, have proposed new taxes and fees to address a multi-billion-dollar deficit.
- These proposals aim to fund road construction and maintenance projects and avoid deep cuts to state services, as argued by Democratic lawmakers.
- The proposed measures include taxes on the state's top earners, large businesses and banks, nicotine pouches, vacation rentals, storage units, rental cars, and a potential increase of up to nine cents in the gas tax, along with a 10-cent refundable deposit on bottled and canned beverages.
- Republican Minority Leader Drew Stokesbary criticized the proposals as 'taxing the joy' out of people's lives, while Democratic Rep. April Berg defended the need for well-funded public services, with Sen. Marko Liias sponsoring a bill to raise the gas tax by six cents and add a one-dollar surcharge to sporting and music event tickets.
- With the legislative session ending on April 27, lawmakers are expected to negotiate and pass a final budget that includes tax increases to generate funds, potentially reaching $5.1 billion for the 2025-27 budget and $14.8 billion over the next two budgets, although some express skepticism about the wealth tax and its potential impact.
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Tax plan from WA House Democrats could raise nearly $15B for state budget
Democrats in the Washington state House released a plan Friday that could drive billions of additional dollars into state coffers through higher property tax collections and new taxes on the richest residents and largest businesses and banks. Read more...
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