Tod Leiweke, CEO of the Kraken NHL team and one of the key figures pushingto return the SuperSonics NBA franchise to Seattle, dished up some economic words of warning for state lawmakers on July 16.
Washington voters will get their chance in November to embrace or reject the state’s new income tax on households with earnings greater than a million dollars a year.
Even with the changes, revenues for the state’s two-year transportation budget are expected to be millions of dollars lower than previously forecastas demand for gas declines, fee collections drop, and there is continuing uncertainty around how much federal transportation funding for states will be available.
Over 200 new Washington state laws took effect June 11. Among them are tax hikes, enhancements to the state’s Voting Rights Act and guidance for retailers on the penny phase-out.
A federal judge in Massachusetts June 8 struck down the Trump administration’s efforts to require a $100,000 visa fee for highly skilled immigrant workers, finding the policy is an unlawful tax.