Economics

Railroad giants like BNSF have often deferred maintenance on their tracks and pressured government to pay for it. This had led some officials to consider taking over ownership, like Washington State did with the Palouse River & Coulee City (PCC) Railroad. Collin Reid lays out the case for greater government intervention in freight rail.

Tech workers like me don’t enjoy being a bargaining chip to protect our CEO’s bottom line. And we know better than anyone else that their claims are false: corporate giants can afford higher taxes.

On Monday, the City Council voted unanimously to send the Seattle Shield Initiative to voters this November. Sponsored by Alexis Mercedes Rinck, the proposal shifts B&O tax burden away from small businesses and toward larger ones, raising an estimated $81 million annually to shore up the City budget.

Is Everett's plan to move the AquaSox from aging Funko Stadium to a brand new downtown stadium an economic jolt or a costly gamble? The City of Everett will be leading financing on the project projected to cost at least $82 million.

The mega wealthy are gaining even greater wealth thanks to Trump tax cuts while hundreds of thousands people are set to lose health care, food stamps, child care, and K-12 educational necessities. The Washington State Legislature should pass progressive funding to maintain and rebuild public services, John Burbank argues.

On Wednesday, Seattle Councilmember Alexis Mercedes Rinck unveiled a proposal overhauling the city's Business and Occupation tax that she hopes to put before voters this November – if she can win over her colleagues. Dubbed the Seattle Shield Initiative, it would broaden the exemption for small businesses, but raise taxes on larger businesses.

Uytae Lee of About Here dives into development fees and taxes, which contribute to a significant proportion of new housing costs. In many North American cities, housing taxes have been increasing much faster than inflation. But why are they increasing so much, what are they used for, and how does this affect homebuilding?

Big box stores are hollowing out North American cities, reinforcing sprawl and driving, destroying local businesses, and financially draining communities. Jason Slaughter of Not Just Bikes explains all that and more in his latest video.