Economics

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.

Boeing has taken in billions in tax breaks from Washington State, but still lays off workers all the same. Nonetheless, state lawmakers are pushing to include a loophole to a new tax to shield Boeing yet again.

A corporate front group is pushing ads seeking to sap support for taxing the rich as the state faces a budget crisis. John Burbank points out the ads are misleading and argues the state must raise new revenue to avoid draconian cuts that will hit the working class hard.

On Tuesday, Seattle Mayor Bruce Harrell praised conservative billionaires as "smart innovators," but pledged to push back on federal overreach and advance cybersecurity, telling business leaders: "I will fight for you."

Despite Governor Ferguson’s hemming and hawing, state lawmakers are advancing a wealth tax that could raise $3 billion annually to fully fund public schools and avert a budget crisis. Passing it would ensure Washington State Democrats are living their values amidst Trump’s assault on public services.

With the baton passing from Jay Inslee to Bob Ferguson, Washington’s governor has placed more emphasis on fiscal austerity to solve the state's looming budget deficit. But some lawmakers are intent on raising new revenue to avoid deep cuts to social programs.

Washington State's current estate tax contains a loophole that shields estate funds that are in family foundations, showcasing the privilege of the very wealthy. The state legislature should close this loophole to reduce the need for draconian budget cuts.