The assault on Washington's so-called state tax loopholes is taking form at the Legislature. Democratic Sen. Jeanne Kohl-Welles of Seattle moved ahead today with a proposal to close tax exemptions to the tune of potentially $8 billion over the next eight years.
Never miss a local story.
Republicans are not opposed to closing all tax-exemptions, according to Senate Republican Leader Mike Hewitt of Walla Walla. The exemptions need to prove their worth, and closing them must not kill off jobs or endanger Washington businesses, he said recently.
Don Brunell, president of the Association of Washington Business, also said this week that AWB is open to discussions about closing exemptions that are not worthy.
And here is a letter Brunell sent on the topic Wednesday to United Food and Commercial Workers Local 21 after labor activists charged into AWB's lobby this week. Protesters were asking AWB AWB to support closing certain tax incentives or preferences such as bank interest earnings and cosmetic plastic surgery.
[It turns out AWB called police; no word yet on the outcome of that complaint.]