Tax Policy

New Special Report: Proposals For A State Capital Gains Tax

We're out today with a Special Report looking at proposals in the Legislature for a state capital gains tax. You can read it here.

Here are some highlights:

Policy Today podcast: A more fair tax-appeals process for Washington state

In today's episode we discuss Washington state's less-than-stellar system for tax appeals, and how it could be improved. We recently wrote a report on making the state tax-appeals process more fair -- which could include the creation of a state tax court. Bipartisan legislation to do just that has been introduced in the state Legislature this year.

Policy Today podcast: How Tax Policy Affects the Economy

In this episode we discuss our recent Special Report, "Using Tax Policy to Promote Economic Vitality." Too often, adjustments to our state tax system are portrayed simply as "breaks" that give certain industries and/or companies special treatment. But as our report shows, these adjustments play a crucial role in keeping Washington competitive with other states for jobs and economic activity that could very easily go elsewhere.

Special Report: Using Tax Policy to Promote Economic Vitality

Our latest Special Report, "Using Tax Policy to Promote Economic Vitality," offers a comprehensive look at Washington's system of business taxes and tax preferences. You can read the report here.

Could Washington get a tax court?

Last week Senators Brown, Hobbs, Braun, Mullet, Frockt and Warnick introduced SB 5866, which would create a tax court. Additionally, Senators Brown, Hobbs, Braun, Mullet, Fain and Warnick introduced SJR 8209, which would amend the constitution to authorize the tax court.

Policy issues on the Seattle horizon

Earlier this week the Seattle City Council approved its 2017 work program (via Seattle City Council Insight). Although details are scant, the program provides some idea of the issues councilmembers want to work on this year. Much of the program is carried over from last year, but there are several new items of interest.

New report: Toward a More Effective Tax Appeals Process for Washington

In a new special report, we take a look at Washington's tax appeals process. Here's the executive summary:

Another education funding plan in the mix

There are now several options on the table as to how to comply with the state Supreme Court’s McCleary decision. Gov. Inslee’s proposal and the House-passed ESHB 1843 would increase education spending but stay within the current funding structure (see this policy brief for more). The Senate-passed SSB 5607 would also increase spending but would go to a per-pupil funding model (see this policy brief for more).

Tax Foundation primer on House GOP's Border Adjustment Tax proposal

House Republicans in Congress have proposed a "Border Adjustment Tax," which has generated no small amount of confusion (at a press conference this morning, Speaker Paul Ryan commandeered reporters' audio recorders for an impromptu tutorial).

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