In today's podcast we talk about the process of forecasting state revenues, and how that process relates to the state budget.
The only constant in politics and economics today is change. From establishment-busting elections to upheaval in the workforce, the world is a much different place than it was just a few decades ago. Today's guest, Ian Toner, analyzes these changes for a living. Mr.
With proposals for implementing a state capital gains tax making the rounds in the Legislature, we discuss what a capital gains tax is, what the proposals are, and how they would affect Washington state.
Click here for our recent analysis of the capital gains tax proposals.
Today we're discussing the differences between the state House and state Senate budget plans in the Washington Legislature. We've got a handy new Policy Brief with a bar graph and chart comparing the two. With a scheduled April 23 adjournment date looming, and the House proposing $1.5 Billion more in tax revenues than the Senate, it seems unlikely lawmakers will complete their business in the regular session; a "special" session appears likely.
When then-President Obama signed the bipartisan "Every Student Succeeds Act" into law in late 2015, it marked a significant change in federal education policy. The previous law, President George W. Bush's "No Child Left Behind," had grown increasingly controversial for what critics on both the left and right called excessive federal overreach into local education policy.
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.
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.
The biggest job for the Washington state Legislature this year is public school funding for grades K through 12. Right now there are four major plans before lawmakers, all responding to the state Supreme Court's McCleary ruling, which found that the state is not fully funding basic education. We discuss all four plans in this episode.
Read our Policy Brief offering a side-by-side comparison of the four plans here.
In today's podcast we do a deep dive into Gov. Jay Inslee's 2017-19 state budget proposal, the subject of our latest Special Report which you can read here.
The governor's budget plan includes $4.762 billion in new spending and $4.369 billion in new and increased taxes, including a new carbon tax and a new capital gains tax.
Today's topic is the expanded state environmental regulations that, due to their arbitrary and excessive nature, threaten to send good-paying jobs - many of them union jobs - out of Washington state.