Topic

taxes

Dear Washington State: Don’t Follow California’s Tax Model

I’m one of more than 125,000 people who have moved from California to Washington State in the past three years. Like many of these people, I came to Washington State for its dynamic economy, lower taxes, cheaper cost of living, and the chance to make a better life for my family. I was born and raised in California, but over the past decade started to feel trapped—I saw half of my paycheck disappear in taxes, couldn’t afford a decent house, and worried that I would never make my way up the economic ladder. Read More ›
Photo by The New York Public Library

The Time Is Right for Tax Fairness and Sensible Spending Priorities in Seattle

Local residents are getting their first taste of property-tax hikes courtesy of Olympia this month and, in many cases, it’s shocking. According to The Seattle Times, a spokesman for the county assessor noted the 2018 boost is “the largest property-tax increase in King County in modern history.” In at least one community — Carnation — homeowners of a median-assessed-value property might Read More ›

The Tax Cuts And Jobs Act Of 2017 Is Already Delivering

If there is one thing about which most economists understand and agree it’s the law of supply and demand. A derivative of that law is that demand and velocity of transactions tend to diminish as costs increase.  While few individuals disagree about this, many in the collective body of economists have become so politicized that when it comes to the cost of variables such as taxes and regulations, that consensus all but vanishes.

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close-up-view-of-the-income-tax-return-stockpack-adobe-stock.jpg
Close up view of the income tax return
Licensed from Adobe Stock

Tax Patriots … and Scoundrels

During the past few weeks, some members of Congress have called corporate executives unpatriotic for moving the legal home of their companies to low-tax foreign countries. The implication is that the business people and their tax lawyers are scoundrels, and countries with low tax rates are evil tax havens. But do the charges hold up? If Webster’s dictionary correctly defines Read More ›