Boeing will inform its information-technology workers Monday that 1,500 IT jobs in the Puget Sound region will go away in the next three years through a combination of layoffs, attrition and relocation to Missouri and South Carolina.
Labor, Education & Pensions Issues
States now collectively spend more on Medicaid (including the federal match) than they do on K-12 education, according to a 2012 report from the National Association of State Budget Officers. Medicare is eroding the federal budget, too. It’s no coincidence that 1993 was when President Bill Clinton took a stab at reforming health care, not just because he felt it was a moral obligation, but because he had also been a governor who had dealt with the impact of medical inflation.
In the wake of the failure by the congressional supercommittee, vigilance seems more necessary than ever as the Obama administration continues its ongoing campaign to increase taxes on those who take on personal risk to invest in and stimulate our economy. The newest assault on the investment industrythe proposal by Pres. Barack Obama and some followers in Congress to create what is being called the Enterprise Value Tax.
Under the EVT proposal, investment management partnerships would become an unfairly singled-out target of new federal taxation, becoming the only businesses in the U.S. in which proceeds from the sale of the business would be taxed at a higher ordinary income rate instead of the growth-incentivizing lower capital gains rate.
We need to tell Senator Patty Murray Do not levy new taxes on oil and natural gas companies. Adding even more taxes serves only to hamper job growth, chill capital investment, and harm energy security and national security. Increased taxes arent the answer less spending is.
Call Senator Murray at (866) 481-9186 to make your voice heard!
Our families deserve a future that is not laden with crushing taxes so we have an opportunity to succeed. Washington should address the real problem of spending.
Here in Washington State, we have five major refineries that support a total of 30,000 jobs, generate $1.7 billion in personal income and annually pay roughly $150 million in state and local taxes.
It makes NO sense to levy big tax hikes on U.S. oil and natural gas producers as our economy is trying to recover.
In the dark of night and during the final hours of session, State Senator Scott White (D-Seattle) kept trying to resurrect his zombie stadium tax bill. Zombie because it kept coming back from the dead for a total of three times in the final days of session. The bill changed numbers, but it still had the same stench.