Battling a deadline, Washington Dems propose a new $12B tax plan

WA considers rerouting sales tax under budget pressure

In a move that feels more like a giant game of financial musical chairs than traditional budgeting, Washington lawmakers are considering a bill that would reroute state sales tax money to better fund green transportation efforts—pulling it away from traditional general fund spending. It’s coming very late in the session as the majority party, the democrats, scramble to find new sources of revenue. The proposal would not be a new tax but more of …

Battling a deadline, Washington Dems propose a new $12B tax plan

Legislative Democrats have released a new tax proposal to fill an estimated $15 billion budget gap after Gov. Bob Ferguson said earlier this month he would not support their first plan. The plan does not include a “wealth tax” on the state’s highest earners, which Ferguson said he would veto. Instead, the updated package includes expanded taxes on businesses, properties, stocks and bonds. It would raise about $12 billion over the next four years…

Washington lawmakers propose $12 billion tax overhaul to fund education, services

The Senate hearing is scheduled to begin at 5:30 p.m. Lawmakers have until April 27 to finalize these measures before the regular legislative session concludes.

Washington state transportation deal includes fuel tax increase

Washington state lawmakers have approved differing transportation budgets. Both two-year plans include fuel tax increases. The $15.2 billion House plan covers operating costs and capital projects. The proposal appropriates funding for construction, preservation, operations and multimodal projects across the state. Funding is also included for the Washington State Patrol and the Washington State Department of Transportation. Projects highlighted …

On ‘Tax Day,’ Senate Democrats propose billions more in tax increases

On Tax Day, Washington Senate Democrats introduced new tax proposals totaling $12 billion, contrasting sharply with Senate Republicans’ no-new-taxes '$ave Washington' budget proposal.