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The tax collected more than $890 million in revenue in its first year, [23] significantly exceeding the approximately $500 million in revenue initially projected. [24] The Department of Revenue projects the tax will bring in over $5 billion over the next 6 years. [25] Fewer than 4000 people pay the tax, [3] and 85% of the revenue comes from ...
The initiative was brought to the state legislature by Let's Go Washington, a Redmond-based political action committee founded by businessman and hedge-fund manager Brian Heywood. [ 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 ...
Geographic Information Council, Washington State (WAGIC) Geographic Names, Washington State Board on (WBGN) Governor, Office of the (GOVERNOR) Governor's Office of Indian Affairs (GOIA) Grain Commission (WGC) Growth Management Hearings Boards (GMBH) Hardwoods Commission (WHC) Health Care Authority, Washington State (HCA)
Revenue (DOR) Services for the Blind (DSB) Social and Health Services (DSHS) Transportation (WSDOT) Veterans Affairs (DVA) The Washington State Register (WSR) is a biweekly publication that includes activities of the government. [2] [3] The Washington Administrative Code (WAC) is the codification of regulations arranged by subject and agency ...
The business and occupation tax (often abbreviated as B&O tax or B/O tax) is a type of tax levied by the U.S. states of Washington, West Virginia, and, as of 2010, Ohio, [1] and by municipal governments in West Virginia and Kentucky.
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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.
Property tax was the first tax levied in the state of Washington and its collection accounts for about 30% of Washington's total state and local revenue. It continues to be the most important revenue source for public schools, fire protection, libraries, parks and recreation, and other special-purpose districts.