October 30, 2017
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Tax Foundation business tax climate index ranks Washington poorly on corporate taxes, but high for lack of income tax

The results are in from the latest rankings of state business tax climate by the Tax Foundation. Washington state's business tax climate score is considerably bolstered by the lack of a state income tax. However, the state's high sales tax (not just the rate, but the base as well) and high corporate taxes bring Washington down.

Overall, Washington ranks 17th in the nation (the same slot it held last year). Drilling down, the results show Washington's corporate tax rate came in at a cellar-dwelling 46th and its sales tax rate was worse, coming in at 48th. The lack of an income tax put Washington at 6th in that category. The unemployment insurance tax rate is 17th and property tax rate is 27th.

The five best states in the nation, according to the ranking, are Wyoming, South Dakota, Alaska, Florida and Nevada.

The five worst are New Jersey, New York, California, Vermont and Minnesota.

Read the full study here.

To learn more, contact AWB government affairs director Eric Lohnes.



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'Hirst Will Shatter the American Dream...'


Call the Legislature back to pass capital budget, fix water-rights ruling

By former Gov. Dan Evans

It's time for Gov. Jay Inslee, together with Republicans and Democrats in both houses of the Legislature, to put partisanship aside and solve two pressing problems. Washington state needs a capital budget and a fix to the state Supreme Court's Hirst decision, which has impacted homebuilding in rural areas.

As construction costs rise, every day that goes by without passage of the state's capital budget means that taxpayers will pay more for building schools and other projects, and it means that needed construction is delayed.

Equally important is modification of the law in response to the Hirst decision. Hirst will shatter the American dream for some Washington state families because they may not be able to obtain water on the properties they purchased unless the Legislature enacts a solution to that decision...

Read the full column in The Seattle Times
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