Democrats capitulated to a Republican plan that hammers Seattle and the suburbs with one of the largest property-tax increases in local history. While at the same time passing a bunch of tax loopholes for businesses. How is it that Republicans roll the Democrats every year in Olympia?[...]
Posts Tagged ‘taxes’
July 3rd, 2017 - 9:30 am § in Misc.
Sweetheart Tax Deal in State Budget
How tax cuts for business showed up — quietly — in state budget as homeowner taxes increased A big tax cut for manufacturing businesses was passed by the Legislature with little public notice after a last-minute demand from Republicans during budget talks to avoid a government shutdown. [...]
June 27th, 2017 - 8:07 am § in The Ave Scene
GOOD NEWS FROM OLYMPIA
Reuven Carlyle We appear to be moving toward a state budget and the largest reform of education finance in our state’s 128 year history. #waleg Regardless of how it unfolds, I’m grateful for the enormous dedication of budget writers working 7×24 for a responsible agreement. And yet [...]
May 13th, 2017 - 8:27 am § in Donald Trump, The Ave Scene
What Happens When No One Votes to Pay Taxes?
The NY Times describes what happens in the rural Northwest, when natural resources dwindle and government no longer lives off “free” money from the private use of public lands. Combine this with the Trump era tax resistance movement and influx of empty nester retirees who come fo[...]
May 12th, 2017 - 9:56 pm § in Donald Trump, Hypocrisy
Trump Releases His Tax Returns … TO HIS LAWYERS!
President Donald Trump’s attorneys say his tax returns don’t show “any income of any type from Russian sources” — “with a few exceptions.” No comment is made on how much money Trump has received as loans, a subject that is raised by repeated comments by Trump&[...]
May 12th, 2017 - 11:49 am § in The Ave Scene
Who is making a buck of off the Seattle real estate bubble?
Tax data geek-out time: All real estate agents & brokers statewide paid $47.3M in taxes on $3.1B revenue. This includes B&O taxes, the primary business tax that companies pay. This is the tax agents pay on their income from real estate transactions. Seller fees for transaction are not [...]
April 26th, 2017 - 3:38 pm § in Donald Trump, Politics
The revenue cost of tax deductions
Today, President Trump unveiled his plan to give hundreds of billions of dollars of tax breaks to the very rich. Of course, the deficit hawks of his own party in Congress won’t stand for borrowing the difference, so someone else will have to pay more. Look at this chart, then use your imaginat[...]
April 24th, 2017 - 5:00 pm § in Misc.
Free Money In Canada
Ontario plans to launch universal basic income trial run this summer[...]
April 23rd, 2017 - 8:36 am § in Misc.
When A Billionaire Pays His Taxes!
Tesla’s Elon Musk paid at least $583M in 2016 income taxes[...]
April 15th, 2017 - 7:36 am § in Misc.
THE Ave Challenge: How much federal tax did you pay for defence?
$523 $1213 $2101 $4321 $8,841[...]