What is a Tax Expenditure?

It is becoming more common these days to define a tax exemption, subsidy, loophole or exclusion as a tax expenditure. That can seem a little confusing until you understand what is happening. Catherine Rampell in an article entitled Tax Breaks: A … Continue reading

Need to Update RCW’s to Conform to Washington Supreme Court Decision on I-1053 and I-1185

The following letter was sent today to Washington State Attorney General Bob Ferguson: Dear Attorney General Ferguson:  I am wondering what the procedure is to have the RCW’s changed when the Washington State Supreme Court renders a decision declaring a … Continue reading

Washington State Supreme Court Decision Will Make Tax Exemption Reform Easier

The Washington State Supreme Court  ruled on February 28, 2013 that Tim Eyman’s Initiative 1053 was unconstitutional. The ruling is a huge win for Washington State taxpayers because it throws out the supermajority vote requirement  to close any tax loophole … Continue reading

Senator Bernie Sanders – Budget Must Close Loopholes

Not funny how the Republicans refuse to close corporate tax loopholes.  Tax loopholes that don’t provide a benefit to taxpayers and working families, but which only add to the corporate profit sheet, are corporate welfare. As Sanders notes, corporate profit … Continue reading