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Thursday, April 8, 2010

WA Tax Update - from the front lines

"Looks like an increase in the sales tax (2% to 3%), for now, is not being considered to balance the budget. There is a possible add in a sales tax on beer.

"Possible increases could be on B&O for services business from 1.5% to 1.8% or more. The Governor is threatening a 20% cut in the state budget if no agreement is reached.

"There is still a proposal for “on-site property managers” [an indirect rent tax for apartment dwellers], plus raising apartment house Business & Occupancy tax.

"Lawmakers will be coming to Olympia tomorrow and may work through the weekend."

Mark Gjurasic
Public Affairs of Washington, LLC

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