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Washington Initiative 732 (I-732) was a ballot initiative in 2016 to levy a carbon tax in the State of Washington, and simultaneously reduce the state sales tax. It was rejected 59.2% to 40.8%. [1] The measure appeared on the November 2016 ballot. [2] The backers of I-732 submitted roughly 350,000 signatures in December 2015 to certify the ...
This image or media file may be available on the Wikimedia Commons as File:Washington State Department of Revenue (logo).svg, where categories and captions may be viewed. While the license of this file may be compliant with the Wikimedia Commons, an editor has requested that the local copy be kept too.
The combined state and local retail sales tax rates increase the taxes paid by consumers, depending on the variable local sales tax rates, generally between 7.5 and 10 percent. [1] As of March 2017, the combined sales tax rate in Seattle and Tacoma was 10.1 percent. [2]
The Washington State Department of Commerce is a state agency in Washington. Based in the state's capitol, Olympia, Washington, the agency is responsible for community and economic development. The agency manages several boards and commissions with a focus on businesses, local governments, tribes, and community-based organizations. [1] [2] [3]
[1] [2] The initiative would have repeal SB 5096, which created a 7% capital gains tax on the sale of long-term capital assets (i.e. stocks, bonds and business interests) worth more than $250,000 in Washington state since 2021. Real estate sales are already exempt from the tax.
Prior to the passage of the capital gains tax, Washington State had the most regressive tax system of any state in the US. [9] The wealthiest 1% paid just 3% of their income in state taxes, while the poorest 20% paid 17.8%. [10] Advocates had long proposed a capital gains tax in order to help reduce this gap.
Washington State government consists of more than 190 agencies, departments, and commissions. The main administrative departments are: [1] Agriculture (WSDA); Archaeology and Historic Preservation (DAHP)
On July 1, 1975, Governor Daniel J. Evans signed Engrossed Substitute Senate Bill No. 2280 into law, creating the PTBA. [8] The bill had been proposed by the Snohomish County Transportation Authority (SNO-TRAN), who would later use the legislation to establish the state's first PTBA, the Snohomish County Public Transportation Benefit Area Corporation, later renamed Community Transit, in ...