The Bellevue Chamber joined Washington Roundtable, Association of Washington Business, Seattle Metropolitan Chamber of Commerce, and Greater Spokane Inc. in responding to an income tax measure introduced in Olympia. While framed as a personal income tax, the proposal has clear implications for business activity, and deserves careful review.
As we evaluate the legislation, we’re focused on affordability impacts for families and employers, whether outcomes are tangible in communities, and how the policy affects long-term budget sustainability and Washington’s competitiveness.
Chamber President & CEO Joe Fain also flagged several structural issues that need closer review, including treatment of pass-through entities, charitable deductions, a potential marriage penalty, and interactions with other state tax policies.
Read more:
https://lnkd.in/g8Uv_wD4
PLUSH Committee comments on Bellevue Critical Areas update
We like healthy streams and clear rules ... ideally at the same time.
Our advocacy team appreciates the fixes to remove man-made steep slopes and end the density penalty, but broad buffer expansions could slow housing and jobs near transit. So, we are asking the City to show real case studies and pick a balanced approach that protects habitat and keeps Bellevue building. Read the letter below!
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Bellevue Chamber President & CEO Joe Fain: “In practical terms, this means taxpayers and employers from every corner of Washington would be directly subsidizing the City of Seattle’s budget.”
Read the editorial: https://lnkd.in/g-MttGZa
As we evaluate the legislation, we’re focused on affordability impacts for families and employers, whether outcomes are tangible in communities, and how the policy affects long-term budget sustainability and Washington’s competitiveness.
Chamber President & CEO Joe Fain also flagged several structural issues that need closer review, including treatment of pass-through entities, charitable deductions, a potential marriage penalty, and interactions with other state tax policies.
Read more: https://lnkd.in/g8Uv_wD4
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