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Governor Gregoire's Tax Proposals

Posted by Andy Nicholas at Jan 15, 2010 07:25 PM |
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This week, the Governor has released a number of tax-related proposals. Some raise revenue by closing tax exemptions and loopholes and addressing tax avoidance. Others institute new tax credits and deferrals. The table below provides a list of the 14 proposals made so far (click on it for a larger version). On net, they would provide $86 million in new revenue in the current biennium, an inadequate response to the need.  Stay tuned to schmudget for more information and analysis of these proposals.

 

Governors Tax Proposals

 

Note: A Supreme Court decision from September (Dot Foods, Inc. v. Department of Revenue) could have significant revenue implications for the state, but is currently under reconsideration. If the September decision is upheld, it could have a $153.6 million impact in the current biennium. In that event, the Governor has proposed that legislation be passed to clarify and repeal the exemption under consideration. The potential fiscal impact of the decision is not included in the Governor’s budget and her proposal to deal with the decision is not included in the above table.

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We are looking for an experienced Deputy Director to manage the internal operations of our team of policy analysts and communications and outreach experts. Our ideal candidate will have research and analysis experience as well as a commitment to team-building and staff development. Priority review will be given to candidates who apply by May 30. Find out more.

You're Invited

Join us and Partners for Our Children for "Forum on Poverty: The Impact on Children and Families" on May 26, 12-4 pm, in Burien. Our policy analyst Elena Hernandez will be a speaker at this forum that will discuss how we can advance policies that prevent intergenerational poverty. THIS EVENT IS FULL, but you can email Partners for Our Children to get on the waitlist. 

Our Legislative Agenda

Our agenda for the 2015-2017 biennium calls for an equitable, sustainable revenue system in addition to state investments that: promote a world-class education system; sustain a strong middle class; produce living-wage jobs, and ensure that all Washingtonians have equal opportunity to get ahead. 

Testimonies in Olympia

We testified in support of a number of important bills during the 2016 legislative session. Take a look:

  • Policy Analyst Elena Hernandez's testimony (at the 23:23 minute mark) on the House Bill that would take a two-generation approach to preventing poverty 
  • Associate Director of Fiscal Policy Andy Nicholas's testimony (at the 1:54:09 mark) on the House bill focused on aerospace-related tax breaks
  • Research and Policy Director Lori Pfingst's House testimony (at the 9:25 mark) and Senate testimony (at the 1:44:54 mark) on the two-generation approach to poverty prevention bill 

Budget Matters Summit

Thank you to all who attended our our Budget Matters 2015 policy summit. If you missed it (or would like to relive it), you can watch a highlight video of the summit or watch the full summit panel -- which featured a range of community leaders talking about how to advance racial equity in state policymaking.