Tagged: taxes

Dozens of Fortune 500 companies paid no net state income taxes over the past three years, including one in the Pacific Northwest. That's one of the findings of a report issued Wednesday by a liberal think tank.

The report examined federal Securities and Exchange Commission filings from the more than half of Fortune 500 companies that reported profits over the past three years.

Those filings show how much each company paid in state income taxes nationwide. The results varied widely, even among companies in the same industry.

Starbucks CEO Howard Schultz is calling for a lower corporate tax rate. Schultz made his comments during a town hall meeting Tuesday night hosted by the anti-partisanship group “No Labels”

Oregon Governor John Kitzhaber has not given up on the idea of a mileage tax paid by electric vehicle owners. The tax is meant to offset the lack of gas taxes paid by people who drive electric cars.

The debate continues to rage in Oregon over whether raising taxes on the rich prompts people to leave the state. A new study claims the answer is no. But as Salem Correspondent Chris Lehman reports, the new research doesn't put the controversy over last year's Measure 66 tax hike to bed.

OLYMPIA, Wash. – A dozen Democratic lawmakers are asking a judge to overturn a voter-approved initiative that requires the Legislature to have a supermajority to raise taxes.

The lawsuit filed Monday is led by the League of Education Voters and the Washington Education Association.

Advocates for the homeless in Kitsap County say there’s not enough money to provide services – so they’re talking about the possibility of a new tax. 

Tax day is later than usual this year. The deadline to file federal returns is Monday, April 18th.

The IRS didn't extend the cutoff just to give procrastinators more time. It did so to allow its employees to observe Emancipation Day, a holiday in Washington, D.C. to honor when Abraham Lincoln signed a law that ended slavery in the District.

A lot of taxpayer still dread filing their returns, even with a few extra days. That’s not the case for one local teenager. She’s the youngest person out of 650 people to volunteer with United Way of King County to help people prepare their taxes. 

Washington House Democrats are considering a plan to lease the state's liquor distribution system for $300 million cash up front. But it wouldn't come cheap.

Initially, the deal could cost the state 80 percent of what it currently collects from the wholesale distribution of booze. That's according to a memo marked "highly confidential." It comes from a newly formed company called Washington Beverage and outlines a proposal to take over from the state the distribution of hard liquor throughout Washington.