George Noorey

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(Olympia, WA)  --  A three-point-five-billion-dollar tax package is now up for consideration after it was approved by the Washington State House Finance Committee.  HB 2186 contains tax measures that include a capital-gains tax, a graduated real-estate excise tax, and a revision of the business and occupation tax.  But a vote in the full House on the legislation isn't expected to happen until after the House and Senate reach a compromise on their respective operating-budget proposals.  Republicans on the committee say HB 2186 is an unnecessary increase in taxes at a time when the existing tax structure and a strong economy are providing an extra three-billion dollars for the state.  
 

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