On March 9th, the House approved a package of revenue enhancements needed to maintain core public services like health care and education. The House package includes a measure that would broaden the sales tax to include purchases of customized software. Like many of the other tax increases proposed by state policymakers, this has already been done in other states; according to CCH Incorporated, 11 states and the District of Columbia currently levy sales taxes on custom software.
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Custom Software Taxed in 11 StatesPosted by Andy Nicholas, 2010-03-16 16:35:00 | (0) Comments
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Legislature considers limiting costly tax preference for banksPosted by Andy Nicholas, 2010-03-15 15:55:00 | (0) Comments
Lawmakers in Olympia are considering placing a limit on a B&O tax preference that primarily benefits large banks headquartered outside of Washington State.* Capping the “first mortgage deduction” would generate about $67 million in badly needed new resources, while leaving in place a sizable tax benefit for smaller local banks and mortgage lenders. |
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Current WA tax proposals enacted in many states, new report showsPosted by Andy Nicholas, 2010-03-12 09:55:00 | (0) Comments
A new report from the Center on Budget and Policy Priorities (CBPP) finds that at least 33 states have raised revenue to meet public needs in the present downturn. Many of the types of actions being considered by Washington State lawmakers have already been enacted other states. |



