Posts tagged: Chris Gregoire
Gov. Chris Gregoire's proposed half-penny sales tax increase got plenty of attention Monday, but she also rolled out more than $340 million in additional tax plans she wants lawmakers to consider.
Among them are increased business and occupation tax rates on windfall profits earned in the oil and financial industries to a new luxury tax on automobiles with pricetags over $50,000. Gregoire also suggests imposing additional reporting requirements on local building permits to help crack down on tax-evading subcontractors. Most of the proposals would require an almost-impossible-to-achieve two-thirds supermajority in each legislative chamber, but about $59 million in new revenue could be achieved by simple majority because Gregoire contends it would involve fees and slight policy adjustments.
Gregoire submitted an all-cuts spending plan to balance the state's current budget, which is suffering from an estimated $2 billion shortfall that's forcing lawmakers back to Olympia next week for a special session. But she's also hoping the Legislature and taxpayers will agree to ease the deep cuts in in education and other services by increasing taxes.
A look at the sales tax plan is in today's edition of The Spokesman-Review and can be found at the above link or here.
Click here for the full descriptions of the additional tax proposals that Gregoire supplied lawmakers. Here's a summary, including the amount of projected revenue each would raise during the 2013 fiscal year:
Section One involves proposals Gregoire believes could be approved by simple majority of the Legislature.
Section Two involves proposals Gregoire believe would require a two-thirds supermajority.
Washington Gov. Chris Gregoire today ordered state agencies to develop programs and institute reforms that will boost small businesses faltering in the ongoing economic downturn.
The initiatives range from help with exports, to improving access to credit, to alleviating the burdens imposed by the state’s complex tax structure and regulatory requirements.
The economy is changing, and government must change to reflect the changes, she said.
Some changes have already been made, Gregoire said, and others will be implemented as soon as they can be identified with legislative consent.
“This is all stuff I think we can do ourselves,” she said, noting the state has already expanded business and occupation tax credits.
She sad 400 jobs were created thanks to $1 million in B&O tax credits targeted at rural counties.
Gregoire said 95 percent of Washington businesses have fewer than 50 employees.
“Clearly, small business represents the backbone of the economy in our state,” she said.
A conservative think tank and a handful of Washington residents are suing Gov. Chris Gregoire over a 2009 executive order aimed at reducing greenhouse gas emissions, according to the Associated Press.
The Evergreen Freedom Foundation and six residents from around the state filed the lawsuit today in Thurston County Superior Court. The group says the order is unconstitutional and should be invalidated.
The executive order includes aspects of a climate change bill that the governor aggressively pushed but failed to pass in the 2009 legislative session.
Among other things, it directs the state Department of Ecology to work with large industries to find ways to cut emissions, and calls for plans to be drawn up on how the state’s largest counties can reduce the number of vehicles driven.