Washington state wants to increase bureaucrats’ salaries by $1.3 billion despite claims the state is facing a budget shortfall
When Jay Inslee took the job as Governor in 2013, the state’s annual operating budget was approximately $38.4 billion. After 12 years of the Inslee administration, the state is now spending almost twice as much per year, $75.5 billion. Yet, despite this massive increase in state spending, legislators are claiming that they will need another $10-12 billion over the […]
Inslee proposes $3.5 billion Capital Gains tax in 2021–2023 budget proposal
By Office of the Governor The next biennium remains more than $3.3 billion below where it was before the pandemic hit. A new 9% tax to capital gains earnings above $25,000 for individuals and $50,000 for joint filers. A new capital gains tax on the sale of stocks, bonds and other assets. Exemptions are provided […]
