Supporting biotech and more with growth-oriented tax policy
H. Stewart Parker, a pioneer in Washington’s life sciences industry, writes in today’s Seattle Times that our state risks falling behind in the competition for biotech investment. Washington has a lot going for it business-wise, but we must not underestimate the competition for the life-sciences industry. The Washington state Legislature did not renew our industry tax […]
25th of March 2014
Seattle Times business columnist faults Legislature for failing to renew R&D incentives
Jon Talton, business columnist for the Seattle Times, skipped subtlety and got right to the point in writing about the effects of some Legislative inaction in the recently completed session. Noting that it’s not correct to say lawmakers did nothing, he writes, In fact, legislators delivered a sledgehammer to state competitiveness by killing the nearly […]
5th of March 2014
A look at why Texas reinstated R&D tax incentives demonstrates why Washington should not let them expire
Effective January 1, 2014, Texas once again offers tax incentives for research and development. An article in Texas CEO magazine last fall celebrated their return. The R&D tax break is back in Texas. …Before passing this law, Texas was one of only a handful of states that did not offer some sort of research and […]
24th of February 2014
Bipartisan supplemental budget proposal from state Senate adds $96 million, no tax hikes
Senate Ways and Means chairman Andy Hill, R-Redmond, just concluded a press conference unveiling his proposed 2014 supplemental operating budget. To underscore the bipartisan nature of the process, he was joined by the Democrats’ lead budget writer Jim Hargrove, D-Hoquiam and other Republicans and Democrats involved in developing the proposal. Although Hill had previously said […]