September 23, 2019
Fast Facts
Bringing Business Up to Speed
AWB Events & Resources

New bus, new tour as AWB prepares to celebrate 'Made in Washington'

This October, AWB will be highlighting the importance of manufacturing to Washington’s economy by touring the state and stopping at some of the state’s most innovative and successful manufacturers.

As the state’s manufacturing association, AWB represents approximately 1,200 members in the manufacturing industry, which is a pillar of Washington's economy. According to U.S. Department of Labor, in 2017 there were approximately 7,636 manufacturers in Washington who provided over 280,000 jobs. The average manufacturing compensation is $88,492 per year, according to the National Association of Manufacturers. Total output from manufacturing was $58.77 billion in 2017. That’s 11.6 percent of the total output for the state.

Manufacturing matters. That is why AWB will be going on the road to direct attention to Washington’s manufacturing economy during AWB’s Manufacturing Week from Oct. 2-12.

The Manufacturing Week bus will tour the state, highlighting the important role manufacturers continue to play, and calling attention to the challenges facing the manufacturing industry. Our goal is to raise awareness of the foundational role manufacturing plays, support the successful growth of our state’s manufacturing sector, and also to make some connections along the way so that we can ensure AWB is serving our members and our state in the best way possible.

Stay tuned for upcoming tour stop and event announcements. We encourage you to follow along during the week on the AWB blog and social media channels, and come out to a Manufacturing Tour event near you. We look forward to seeing you this October!

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Arguments Against a State Income Tax

An income tax is not in our best interest

By Washington Treasurer Duane Davidson

Today, we are at a point where Washington legislators need to reexamine their financial practices and consider the consequences of their actions that have led some to consider establishing a state income tax.

The historically unpopular notion of introducing an income tax is not exactly new to Washington, yet it has seen growing interest from income tax supporters in big city government and from certain state lawmakers who would pass income tax legislation if given the opportunity.

As Washington State Treasurer, four-term Benton County Treasurer, and licensed CPA for over 25 years, I have cultivated an automatic sense of duty to advocate for fiscal responsibility. When I see such disregard for taxpayers, my obligation is to stand up for what is right on their behalf.

Many of the legislature's self-induced financial woes have readily available remedies that do not involve raising taxes or adding an income tax, making it apparent to me that as a state we have some serious financial issues within our legislative practices we need to start addressing...

Taxing income would weaken Washington's thriving economy and reduce our capacity to compete for business. We need to agree on improving our habits and reigning in state debt before considering the addition of new taxes. An income tax is not in our best interest.

Read the full guest column in The Tri-City Herald