Advertise Here

Spin Control

Special Session Day 9: Tax breaks in spotlight

OLYMPIA — Senate Ways and Means Committee may generate the most excitement of the special session to day, with a hearing on several proposals to change tax exemptions, thus bringing in more revenue and mitigating the need for as much as $5 billion in cuts to the 2011-13 budget.

Senate Democrats have several proposals for cutting back on tax preferences (substitute “loopholes” if you prefer), including a reduction in the break for investments, for some agricultural items like bull semen and bedding material for chickens, and a plan to remove the two-thirds majority for changing tax exemptions.

Progressive groups are likely to show up in large numbers in support. Tim Eyman has called for his troops to come to Olympia to protect the supermajority on taxes that they've won over the years at the ballot box.

Earlier in the day, the Senate was floor action on some bills necessary to make the budget work. They might also have a resolution honoring the troops involved in the mission that got Osama bin Laden.

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 Spin Control

Get blog updates by email

About this blog

Jim Camden is a veteran political reporter for The Spokesman-Review.

Jonathan Brunt is an enterprise reporter for The Spokesman-Review.

Kip Hill is a general assignments reporter for The Spokesman-Review.

Nick Deshais covers Spokane City Hall for The Spokesman-Review.

Latest comments »

Read all the posts from recent conversations on Spin Control.

Search this blog
Subscribe to this blog
Advertise Here