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Inslee proposes capital gains tax, tax on health insurers

Inslee proposes capital gains tax, tax on health insurers By RACHEL LA CORTEDecember 18, 2020 GMT OLYMPIA, Wash. (AP) Washington Gov. Jay Inslee is proposing a new capital gains tax and a tax on health insurers as part of his two-year, $57.6 billion budget proposal that seeks to offset the revenue losses the state has seen during the ongoing coronavirus pandemic and to help bolster the state’s public health system. Last month’s state revenue forecast showed that while the state has made some gains since the first round of business closures earlier this year, revenue projections through mid-2023 are about $3.3 billion below what they were projected to be before the pandemic hit. The budget proposal released Thursday looks to drain the state’s so-called “rainy day” fund of $1.7 billion to handle the immediate budget issues, while the new revenue is intended to continue covering those costs as that emergency fund replenishes in future years.

NDSU President Dean Bresciani announces plans to improve campus racial climate

NDSU President Dean Bresciani announces plans to improve campus racial climate North Dakota State University s president made the announcement after several racist incidents on social media sparked demands from the Black Lives Matter campus group. 8:51 pm, Dec. 16, 2020 × Demonstrators march Saturday, Dec. 5, on University Drive in front of North Dakota State University. It was the second day of protests on the campus. Michael Vosburg / Forum Photo Editor FARGO After what he called a tumultuous two weeks, North Dakota State University President Dean Bresciani offered an apology and released a preliminary plan of action and timeline on Wednesday, Dec. 16, to try to improve and ease the racial climate on campus.

Inslee reveals equity plan as part of 21-23 state budget

December 15, 2020 Washington Gov. Jay Inslee is proposing $365 million in investments aimed at addressing racial injustice issues, calling it a “historic commitment to diversity, equity and inclusion.” The announcement comes as the state faces a potential $3 billion revenue shortfall over the next few years because of the effects of the coronavirus pandemic. Inslee discussed his equity plan Monday, during a news conference from Olympia. The governor didn’t identify any specific revenue sources to pay for these initiatives. Instead, they’ll be part of his 2021-23 budget recommendations, which will be released over the coming week, before the start of the 2021 legislative session.

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