OLYMPIA -- Democratic leaders released their tax plan this afternoon, and as expected, it would raise taxes on the service industry, candy and gum, bottled water, mass-production beer, out-of-state companies with business in Washington, property management firms, some bank costs for servicing mortgages.
Some items discussed in previous hearings or approved in one chamber or the other over the last three months, were struck from the final plan. Spared new taxes are private plane owners, people who buy houses that are in foreclosure, machiinery used for wind powered turbines, coal purchased for for a power plant in Centralia, out-of-state shoppers hitting the stores in Washington, and consumers in general who at one point were facing a jump in the sales tax.
In total the tax package would raise about $668 million through the rest of the biennium, if Democrats have enough votes in the House and the Senate to pass it. Another $100 million would be raised in a separate bill, through higher taxes on tobacco.
Both chambers returned for floor debates and votes on the budget, taxes and several other issues at 2 p.m. Democrats quickly huddled in caucuses to see if they had the votes needed to pass the plan.
The House of Representatives, who has the tax package bill because the most recent vote on it occurred in the Senate, could vote on the proposal as soon as this evening if leaders determine they have the necessary 50 votes to pass it.
Legislators have until midnight Tuesday, when the special session expires, to complete all their work.