Saturday, January 8, 2011

ADVOCATES TAKE AIM WITH TAX BREAKS:

http://www.bizjournals.com/seattle/print-edition/2011/01/07/advocatestake-aim-at-tax-breaks.html

Hi advocates,

The revenue coalition we worked alongside with on I-1098 is working on tax exemptions this session. I will be putting together a policy paper on this for our association’s board members (they meet later this month).

We don’t have a position on tax reform, but given our newest resolution on revenue (we should consider revenue increases that support our funding priorities) I wanted to share some information with you. The revenue coalition is basically saying given the extreme cuts we’re seeing, we should look at closing some tax loopholes. (There has been a petition circulating.) The other side equates ending exemptions to increasing business taxes at a bad time.

Again, food for thought as we go into a tough session that will have long-term consequences for our state.

Ramona Hattendor

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