Posts tagged: business
OLYMPIA – Business organizations regularly bemoan how little recognition, respect and support they get from the state. But evidence to the contrary was clear last week, when the state announced a “windfall” of some $321 million from a tax amnesty program.
It showed that when there’s something fishy about what they’ve been doing, businesses get the benefit of the doubt that poor people don’t.
Cheers for the money were second only to Mariner’s improving win-loss record, and with good reason. The state originally thought it might pick up about $24 million by offering businesses a chance to clear up their tax debts without penalties or interest. It got $321 million – $264 million of which the state keeps after sending local governments their share – which is real money in anyone’s book. It offers the Legislature, in the words of Gov. Chris Gregoire, a chance to balance the state’s biennial budget and “go home.”
No one seemed concerned, however, about the reason for the unexpected bonanza….
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