WA State Senate approves Millionaires’ Tax on personal income
OLYMPIA [JERRY CORNFIELD & BILL LUCIA]—Washington state moved one step closer Monday, February 16, to creating a personal income tax two years after the Legislature said it wouldn’t. Majority Democrats in the Senate advanced legislation on a 27-22 vote to tax households earning more than a million dollars. Passage of the bill followed a three-and-a-half hour debate on […]
Lynnwood’s revenue is taking a nosedive, not helping the city’s multi-million-dollar deficit
LYNNWOOD—Things aren’t looking good for the City of Lynnwood’s finances, Finance Director Michelle Meyer reported Monday, July 21, a $5.1 million shortfall between General Fund revenues and expenditures through second quarter. This is in addition to the city’s already projected $4.2 million deficit. “We’re going through some difficult times,” said Mayor Frizzell before reading a […]
