Revenue forecast de-escalates calls for new taxes

By: Emily Makings
12:00 am
May 20, 2015

After Monday’s helpful revenue forecast, a resolution of the operating budget impasse may be in sight. Austin Jenkins reports,

One day after the state got a favorable revenue forecast, Washington Governor Jay Inslee said he no longer believes the $1.4 billion tax package he proposed in December is necessary. . . .

But Inslee said he still believes “some” taxes will be needed. Republicans quickly shot down that idea.

Inslee said if lawmakers can’t agree on a budget by the end of next week, he’ll immediately call them back into a second special session.

Opportunity Washington has a nice roundup of the new circumstances.

Categories: Budget , Categories , Tax Policy.