Monthly Archives: July 2008

Investments for Washington’s Future: Closing Selected Tax Breaks and Increasing the Small Business B&O Credit

An Inclusive Economy Ending Corporate Tax Breaks Progressive Tax Reform

Fact Sheet | July 1, 2008

The problem: Over the past decade, state policy makers have given out an ever‐growing number of business tax breaks in the name of economic development, while our education system falls behind and commuters and goods sit mired in traffic. At the end of 2007, Washington had 567 tax breaks on the books. The leg

Expanding Washington’s Sales Tax Base

An Inclusive Economy

Fact Sheet | July 1, 2008

The problem: Washington is facing a budget shortfall in 2009 due to rising prices and the national economic downturn. Without new sources of revenue, Washington will have to cut essential services even while demand increases. We will also be forced to postpone important new investments to improve education, p

Fairer Taxes for Washington: A High Incomes Tax

An Inclusive Economy

Fact Sheet | July 1, 2008

The problem: Washington suffers from an outmoded and regressive tax structure. State and local taxes fall too heavily on low-and middle-income residents, yet public revenues are not sufficient to finance the improvements needed for world-class education and transportation systems. The national economic downtu

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