The Washington State Senate passed ESSB 5513 by a 47/0 Vote on Feb. 13, 2018. The bill has been sent to the House for a vote..ESSB 5513 is a substitute bill that has removed the provision that discretionary tax exemptions … Continue reading
Tax preferences and tax incentives are called tax expenditures by most other states and the US Congress – they are revenue that is not collected. Not collecting this revenue from certain taxpayers is a form of picking winners and losers and the end … Continue reading
Tax Sanity has been busy this year filing initiative drafts for proposed legislation to create a tax expenditure budget. The goal is to draft legislation that will increase tax exemption accountability and transparency. Initiative 626 is the latest version to … Continue reading
You can help in our effort to close tax loopholes in Washington State by signing our petition to Governor Inslee and your Legislators. In order to increase accountability and close tax loopholes, the Washington State Legislature should adopt a Tax … Continue reading
Tax Sanity ( www.taxsanity.org ) on May 17, 2013 filed an Initiative to the Legislature to address the issue of Tax Loophole Reform. As noted in an article in Crossscut entitled Tax exemptions are starting to draw an uncomfortable spotlight: … Continue reading
Tax expenditures are basically off budget spending. As one Washington State Legislator recently said, they are “gifts” of public money. They don’t have to be scrutinized the same as other state expenditures are when the biennial state budget is proposed … Continue reading