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The stalemate over Washington state’s budget

The stalemate in Olympia over Washington state’s budget represents an ideological divide that won’t be overcome by negotiators sitting long enough in a room together. And unfortunately, neither side has proposed a budget and revenue package that would actually fully

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Posted in An Inclusive Economy, Progressive Tax Reform

Fair Revenue for an Opportunity Economy in Washington

Fair Revenue for an Opportunity Economy in Washington

May 17, 2013

The Inadequacy Problem: The Great Recession and painfully slow recovery have resulted in five years of fiscal crisis for Washington. But the state began ratcheting down the level of spending on public education at least two decades ago. In the

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Posted in An Inclusive Economy, Educational Opportunity, Funding Public Services, K-12 Education

Education reform will require new revenue – here are a few ideas

Given the decision of the Washington State Supreme Court in the McCleary case, which highlighted Washington’s failure to adequately fund education, the new legislature and Governor will soon be looking for new revenue to meet the state’s financial obligation to basic education. Educational

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Posted in An Inclusive Economy, Ending Corporate Tax Breaks, Progressive Tax Reform

[UPDATE] Back on Track: Legislators hold community forums to discuss budget, tax structure

In Washington, our state budget is a reflection of our shared values and goal, and budget decisions directly affect our ability to educate our children, maintain the health and well-being of our communities, and build a thriving middle class. Unfortunately, the deep economic recession and our outdated revenue system present major barriers to our long-term prosperity.

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Posted in An Inclusive Economy

Expanding Washington’s tax base to out-of-state shoppers could save in-home nursing care

As we’ve noted in previous posts, Washington’s tax structure, last updated in the 1930s, is riddled with tax exemptions for private industry and relies heavily on a sales tax that hits our low- and middle-income workers hardest. This not only

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Posted in An Inclusive Economy, Progressive Tax Reform

Moody’s downgrades Nevada’s credit rating: Is Washington gambling with the same fate?

Last week the credit rating agency Moody’s downgraded Nevada’s general obligation bonds – one of the most common type of state-issued bonds – from Aa1 to Aa2. Could the same happen to Washington state? Nevada’s lower rating certainly doesn’t put

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Posted in An Inclusive Economy
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