State Investments in Boeing Must Benefit All Washingtonians
Our Executive Director Remy Trupin issued a statement on the special legislative session that starts today.
“Boeing is an important part of the Washington state economy and has historically provided good paying jobs.
Washington state has invested in Boeing as well--through transportation infrastructure, a highly educated workforce, and a variety of tax breaks and other incentives. It does not do our state’s economy any good to subsidize Boeing as they ship jobs out of state. We must ensure that significant state investments in Boeing benefit all Washingtonians.
The 2003 tax break package for Boeing cost the state billions and it didn’t stop the company from moving production of the 787 to South Carolina. We can’t let that happen again.
Any tax breaks for Boeing (or any other business) should have clear and consistent accountability measures so lawmakers and the public can hold them accountable if they choose not to uphold their end of the deal.
Lawmakers must recognize that choosing to give these tax breaks will reduce valuable revenue needed for other investments. At the top of that list is the requirement to fully fund basic education, an investment that benefits the whole state economy including Boeing."