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U.S. economy added 678,000 jobs in February, a strong report in the midst of global uncertainty.
March 7, 2022Today's jobs report is mostly good news. The U.S. Bureau of Labor Statistics reports, Total nonfarm payroll employment rose by 678,000 in February, and the unemployment rate edged down to 3.8 percent,…Read more
State budget proposals feature “biennial-sized spending”
March 7, 2022Last December, Gov. Inslee delivered his supplemental budget proposal. He explicitly rejected the notion that supplemental budgets should consist of minor adjustments in the biennial spending plan. S…Read more
House passes transportation budget without fuel export tax
March 3, 2022Yesterday, the House passed the $16 billion, 16-year Move Ahead Washington transportation tax introduced last month. The House-passed legislation differs in one key respect from the initial proposal:…Read more
Another drop in U.S. initial unemployment benefits claims last week
March 3, 2022UI claims filings continue to fall nationally. The U.S. Department of Labor reports, In the week ending February 26, the advance figure for seasonally adjusted initial claims was 215,000, a decrease o…Read more
A sustainable state budget doesn’t require the unconstitutional capital gains tax
March 3, 2022As we reported, Washington's capital gains tax has been ruled an unconstitutional income tax. For taxpayers who have routinely voted against a state income tax, that's a big deal; for budget writers,…Read more
Superior Court judge rules state’s capital gains tax is an unconstitutional income tax.
March 2, 2022Douglas County Superior Court Judge Brian C. Huber made it very clear in his ruling yesterday. The state's capital gains tax, which lawmakers branded as an excise tax, is an unconstitutional income ta…Read more