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Sawant-Frame dispute resurfaces disagreements over preemption and political tactics

Sawant-Frame dispute resurfaces disagreements over preemption and political tactics Michael Goldberg   February 12, 2021   At the outset of a Thursday public hearing for a capital gains tax proposal, House Finance Committee Chair, Rep. Noel Frame (D – Seattle), issued testifiers a few requests. We had a couple issues of decorum last week that I didn’t gavel virtually. So I’m going to ask folks to really honor decorum. My virtual gavel is the mute button and I’d like to not have to use it today so let’s stay focused on the policy today as we talk through the bill.” Frame was able to get through almost the entire hearing without pressing mute. When she did press mute, the testifier on the receiving end was Seattle City Councilmember Kshama Sawant.

Mercier: Tax reform doesn t mean tax increases - Washington State Wire

Mercier: Tax reform doesn t mean tax increases - Washington State Wire
washingtonstatewire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from washingtonstatewire.com Daily Mail and Mail on Sunday newspapers.

Tesla competitor Rivian backs bill to open up Washington to electric vehicle direct sales

Tesla competitor Rivian backs bill to open up Washington to electric vehicle direct sales Michael Goldberg   February 11, 2021   Rivian, a Tesla competitor, is backing legislation that would allow “direct sales” of electric vehicles (EVs) in Washington State. This would mean that HB 1388, sponsored by Rep. Shelley Kloba (D – Kirkland), would permit Rivian and other EV manufactures to sell vehicles directly to customers without working through franchise auto dealerships. Current state law prohibits Rivian from doing so. Rivian, which is backed by the Ford Motor Company and Amazon, was valued at $27.6 billion at its latest funding round in January. Bloomberg reported this week that the electric-vehicle startup may go public as soon as September at a valuation of about $50 billion.

Progressive tax reform campaign continues as Legislature hears estate and capital gains proposals

Progressive tax reform campaign continues as Legislature hears estate and capital gains proposals Michael Goldberg   February 9, 2021   With hearings scheduled this week for two bills introduced by legislative Democrats that would change Washington’s tax structure, advocates are continuing a public campaign to push legislators in the direction of embracing progressive revenue. Following an earlier campaign that ran ads in support of Gov. Inslee’s capital gains tax and a tax on health insurers, Invest in WA Now has released a new ad centered around small business owners. It’s important to keep things moving. Like how money flowing through communities creates a strong economy. But now money is stuck at the top. Because Washington has the country’s most upside-down tax code where the wealthy pay less than the rest of us. If the wealthy pay their share, we’ll have an economic recovery that works for all of us. Money flowing through our comm

Bipartisan bill seeks to provide equitable access to credit for rural communities

Bipartisan bill aims to provide equitable access to credit for rural and underserved communities Michael Goldberg   February 2, 2021   A bipartisan group of legislators led by Rep. Jacquelin Maycumber (R – Republic) have introduced a bill in the House Finance Committee that would create a program within the Department of Commerce to spur economic development in disadvantaged communities that have historically lacked access to capital. The Morning Wire: Keeping you informed on politics, policies, and personalities of Washington State. The Equitable Access to Credit Program would award grants to qualified lending institutions (QLIs) to provide access to credit for these underserved, largely rural communities.

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