ADVERTISEMENT
Advertise Here

Eye On Olympia

Happy Halloween for Boeing and its suppliers…

First the machinists’ strike is settled and now this: on Oct 1, the state business tax for airplane makers and their parts suppliers will drop 12.5 percent.

The change is part of a slate of tax breaks and other assistance approved by lawmakers in 2003, as part of the state’s successful effort to ensure that Boeing assembles its next generation of jetliners here in Washington state.

The state will provide its second carrot in July 2007 — or sooner, if Boeing starts building the new planes here sooner — when tax rates will drop further, for a total reduction of 40 percent.

Please keep it civil. Don't post comments that are obscene, defamatory, threatening, off-topic, an infringement of copyright or an invasion of privacy. Read our forum standards and community guidelines.

You must be logged in to post comments. Please log in here or click the comment box below for options.

comments powered by Disqus
« Back to Eye On Olympia

Get blog updates by email

About this blog

Richard Roesler covers Washington state news from The Spokesman-Review's bureau in Olympia.

Latest comments »

Read all the posts from recent conversations on Eye On Olympia.

Follow Richard Roesler
Search this blog
Subscribe to this blog
ADVERTISEMENT
Advertise Here