February 12, 2018
Fast Facts
Bringing Business Up to Speed
Other News « All Categories

Boeing's Washington workers get record bonuses; double last year's

2017 was a great year for Boeing, and nearly 66,000 employees will receive about $600 million in bonuses as the company shares the windfall with its workers.

Read more »

Four airlines sue state over new Washington sick-leave law

Alaska, JetBlue, Southwest and United Airlines have sued the state of Washington in U.S. District court over a new sick leave law that was put in place with passage of Initiative 1433 in 2016. Airlines say conflicting regulations will increase costs and delays.

Read more »

A closer look: What might Amazon's approach to health care look like?

Amazon, Berkshire Hathaway and JPMorgan Chase have announced a joint effort to bring innovation to the health care arena. While the nature of their effort isn't yet known, there is clearly plenty of space to bring creative disruption to the health care space.

Read more »

Avista announces Catalyst project for Spokane's University District

This $50 million project will revitalize the University District, with 1,000 students from Eastern Washington University to move in at a future date.

Read more »

If you would like to unsubscribe from this newsletter, please contact members@awb.org.

A Backdoor Gas Tax Increase

Inslee's carbon tax bill unfair to middle class

By The Tri-City Herald Editorial Board

Senate Bill 6203 will burden some people more than others, and that isn't fair.

The proposal -- also known as the carbon tax bill -- would impose an additional $10 per metric ton on carbon dioxide emissions in 2019. The amount would increase over time to $30 per metric ton by 2029.

The money raised would go to clean energy efforts and projects that help reduce greenhouse gas emissions. It also might encourage more people to buy vehicles that don't run solely on fossil fuel, Inslee said.

But adding that extra tax will mean gas prices will go up, and so will heating bills.

An analysis by the Washington Policy Center estimates the average family will spend $125 more on gasoline per year in 2019, and $375 more a year in 2029 if the tax is approved...

Read the full editorial in The Tri-City Herald
Supporting all Washington Manufacturers

Equal footing for economic growth

By The Kitsap Sun Editorial Board

On the whole our state's B&O is seen as a misguided tax by many, since its collections are based on gross rather than net profits, and cities, including here in Kitsap, have been working to minimize its impact on small businesses by gradually lowering local B&O rates. It's a particular tax reform that's generally helpful to small business without creating an unaccountable giveaway that hurts public coffers, when implemented wisely.

Last summer's state budget agreement included a provision to expand the lower state B&O rate beyond the aerospace sector, applying it to all manufacturers. The provision, pushed by the Republican caucus but agreed to by Democrats in budget negotiations, wouldn't have completely eliminated state B&O, but it would have put all manufacturers on equal footing. That's a fair request in a state where Boeing and aerospace receive a deserved share of economic credit but aren't the only engine driving our future.

The measure was vetoed by Gov. Jay Inslee, who stated at the time he disagreed with being caught off-guard by its inclusion in a budget deal. In our view that was disappointing, given the work that went into the agreement, but this session the idea is back -- actually, two versions of it are. Competing Senate bills were in the Ways and Means committee as of Friday, both of which would gradually lower the B&O rate for all manufacturers to what's paid by the aerospace industry to the tune of about $64 million over the next four years...

Read the full editorial in The Kitsap Sun
Upcoming Events