Washington state Governor Jay Inslee unfortunately put his economic ignorance on display recently with his comments about coal exports. According to the Governor, Boeing would somehow be harmed if we gave South Korea, Japan, and China greater access to affordable energy through allowing coal exports from our ports. Gov. Inslee argued that Boeing somehow benefits [...]
AFP- Washington State effort - Olympia is Broken – Goal #2. Support “Contracting Out” of State Services to Save Tax Dollars. The Department of Licensing is allowing private schools and training programs to take over testing for drivers license in many cities. This article in HeraldNet says the Legislator outsourced to reduce wait time. AFP- WA [...]
Two fiscally conservative Democratic state senators announced Monday they will join with Senate Republicans to form a “majority coalition caucus” in which they say power will more or less be split between the two parties. The last time a power-sharing takeover occurred in the Washington legislature was in the House in 1963 Read more 2 Dems [...]
In the Seattle PI, Associated Press reports Gov. Chris Gregoire said Tuesday she is preparing a new transportation package that would rival the multi-billion-dollar deal she helped approve in 2005. In an interview with The Associated Press on Tuesday, Gregoire said that she will detail her plan during a budget proposal next week. The 2005 [...]
With the resurgence of Occupy demonstrations (well, maybe riots is more accurate) comes renewed calls for corporations and “the rich” to pay more taxes, to pay their “fair share”. News stories have appeared reporting that some corporations like Apple, and locally Microsoft, Amazon and Boeing are actively working to reduce the amount of taxes they pay. Personally, I am shocked, shocked to hear that big corporations are using perfectly legal methods to reduce their tax liability…just like every other American filling out their 1040 form.
Wealthy men like Warren Buffett are held up as examples of how the rich should pay more taxes, when in reality he is a better example of how to use the tax code to your benefit.