Sorted by date Results 151 - 175 of 175
In 2003, Gov. Gary Locke (D) faced a 10 percent revenue hole in the state’s budget. He also stared at a sluggish economy still reeling from the Sept. 11, 2001 terrorist attacks. People were reluctant to fly and airlines stopped buying Boeing jets. Locke faced either recommending substantial tax increases or finding a new way to allocate state tax revenues. He turned to Minnesota’s former commissioner of finance, Peter Hutchinson, who helped his governor balance the budget by...
As lawmakers in Olympia inch toward adjournment, they must keep in mind the total added costs of new taxes on our state’s economy. It is not just about the taxes and fees they impose. They are working against an April 23 deadline to enact a two-year financial plan and find sufficient funding for it. Unlike Congress, states must balance their budgets. While the funding decisions are generally contentious, this year legislative tension is high because Gov. Jay Inslee (D) and l...
Remember the old saying: Hindsight is 20-20? If only Washington voters had followed Gov. Albert Rosellini’s tolling plan to build, maintain and replace our state’s major bridges, we would have replacement funds today. Now, lawmakers in Olympia are scrambling to find the billions needed for the new I-5 bridge connecting Vancouver and Portland. Predictably, tolling needs to be included in the funding scheme, but it is still a political hot button. Rosellini, the Seattle Dem...
Recently, some of America’s most respected statesmen announced a different strategy to reducing carbon pollution — one which is based on incentives as opposed to penalties. Believing that carrots work better than sticks, the Climate Leadership Council (CLC) announced a new plan to enact a federal tax on carbon emissions with an accompanying payment program to U.S. citizens. The centerpiece is a “carbon dividend” which, as they put it, would increase the disposable income...
The number of police officers shot and killed last year rose dramatically. So did the number of assaults on cops and the stress under which they work. That trend ought to concern every American because violence impacts our neighborhoods, schools and where we work and shop. Ask any realtor and they will tell you that safe streets and good schools are top of the mind among renters and home buyers. “Officers Down,” the group sponsoring the national law enforcement memorial, rep...
For some, Thanksgiving is a time to gather with family and friends and give thanks for the blessings we enjoy. For others, it’s a time to volunteer at soup kitchens to help the less fortunate while many see it as simply a chance to eat a huge meal and watch football. This year is different. Americans are healing after a historic, tumultuous presidential election. Therefore, it is easy to get sidetracked on what is wrong with our country. In reality, most Americans have no i...
It’s D-Day for American voters. With Hillary Clinton and Donald Trump carrying unusually low approval ratings and having a deep antipathy for one another, no matter which one ultimately is elected, the nation will be bitterly polarized. Hopefully, each has a plan to bring us back together after Nov. 8. America thrives on a peaceful transfer of power. It is one of the important traditions which has been handed down since John Adams succeeded George Washington on March 4, 1...
Uncoupling state timber sales revenue from public school construction funding doesn’t make sense. It is akin to killing the goose laying the golden eggs. That idea came up during this year’s campaign for public lands commissioner. Democrat Hilary Franz, a Seattle environmental attorney, and Republican Steve McLaughlin, a retired Navy Commander, are the finalists. Franz stated her position in a candidate questionnaire, according to the business publication, Lens. She wrote the...
The $15 minimum wage is an example of elected officials with tunnel vision passing sweeping legislation while ignoring the cumulative impacts of all of the other government mandates on employers. They only zero-in on the costs and benefits of a single issue, such as the $15 an hour wage, when they ought to focus on all of the taxes, fees, regulations and laws. Seattle’s ordinance took effect on April 1, 2015. It directs businesses with fewer than 500 employees to pay the $...
Guess who was among the first to welcome our Olympic athletes back home from Rio? None other than the IRS. For U.S. athletes, winning an Olympic medal comes with pride, glory — and a hefty federal tax bill. According to TIME magazine, Michael Phelps owes over $55,000 in federal income taxes for his five gold and one silver medals earned at the recently concluded summer games. That’s a whopping amount even for someone whose net worth is $55 million. The U.S. is one of a few...
Recently, Bloomberg reported that investors in massive data centers are making water availability a critical measurement in their decisions — especially in drought-ridden California. Data centers, giant buildings packed with servers which power our virtual world, generate tremendous amounts of intolerable heat. Traditionally, the centers have large cooling systems which require millions of gallons of freshwater. That’s a big problem because water is increasingly in short sup...
Between now and November, you will hear lots about “How to Make America Great Again!” Much of our country’s greatness is because of our “entrepreneurial spirit.” It is our unique trait that makes us the envy of the world. America has been blessed with industrious leaders who are optimistic, forward looking and passionate. They are tireless men and women who take calculated risks and pull themselves together after failure. They have the drive to get things done no matter wh...
Over the last 35 years our family has vacationed at the same place on the beach. While the buildings have been refurbished, the complex remains largely unchanged. However, our entertainment has changed a lot. We still swim, jump the waves and build sandcastles, but our board games, puzzles and playing cards have been replaced with kids’ electronic tablets, smart phones and movies downloaded from the internet. We still take lots of pictures, but rather than taking them to f...
Washington state leaders need to keep an eye on South Carolina. It is a state that is becoming a strong magnet to attract business. A couple of years ago, the front-page news was the competition between Seattle and Charleston to lure Boeing’s 787 assembly production. Now, it has grown to include international trade and the associated economic development and jobs. Washington and South Carolina are among our nation’s leaders in international trade. Our state’s ports proce...
By DON C. BRUNELL Contributor Now that Hillary Clinton and Donald Trump are certain to be the Democrat and Republican presidential candidates, it is time for them to deal with our national debt. Our nation is on an unsustainable borrowing trajectory. We now owe over $19 trillion to lenders of which nearly half are offshore (including China). At the rate which we are selling treasury notes, the deficit will balloon to $21.1 trillion by 2020. That means when the presidential...
One of the highest rated television programs during Super Bowl week last February was “Undercover Boss.” According to the Nielsen ratings, it drew 6.8 million viewers. By contrast, the “Greatest Super Bowl Halftime Shows” had 5.72 million. Viewers watched CEOs leave their comfortable corporate offices, disguise themselves as workers and risk the humiliation of doing something wrong. It is all about an awakening to what really happens on the company’s front lines. Too often peo...
Boeing’s new cost-reduction plan has deep ramifications for Washington because the bulk of the 4,500 job cuts are likely to land here. CEO Dennis Muilenburg asked investors to view the savings initiative as “playing offense in a competitive marketplace” even though Boeing has a $431 billion backlog of 5,800 aircraft orders. Translated, Muilenburg means the aerospace giant needs to find ways to lower the price tag of its airplanes. Boeing leaders worry because Airbus’ A320 sc...
For the last 20 years, Lt. Gov. Brad Owen (D) has served Washington well. Now, he is retiring and leaving the state senate as he found it — a dignified place to debate and enact public policy. Owen, a former convenience store owner in Shelton, will not seek re-election. It will be the first time in 40 years that his name will not be on the November ballot. He was elected to the state house in 1976 and then to the senate in 1983. Owen is currently the longest serving l...
Public safety agencies across America face the same problems as other employers — finding enough qualified workers. The difference is our safety is increasingly at risk. Law enforcement leaders are working harder at recruitment, yet they are drawing fewer applicants. Big city departments are not alone. It is the same story in smaller communities such as Leesburg, Va., where the number of applicants dropped 90 percent over the past five years. A decade ago, the Seattle P...
In 1962, songwriter Bob Dylan composed “The answer, my friend, is blowin’ in the wind.” It was a Vietnam War protest song suggesting the ambiguous answer to ending war and living in peace and harmony was “blowin’ in the wind”…somewhere. Today, wind power is an important part of our nation’s electricity generating system and it will be essential in the decades ahead. The question is how much of it can we reasonably produce to meet our nation’s growing electrical demand...
In January, the American Association of Railroads or AAR published its first-ever state of the railroads annual report focusing on the industry’s economic value, innovations and emphasis on safety. The nation’s railroads have been around for about 180 years and maintain 180,000 miles of track. Trains move over 51 million tons of freight each day which is about 40 percent of the nation’s freight. Rail has been a vital transportation link in the Pacific Northwest since 1883. Tha...
Folks in the Pacific Northwest may not like what Matt Ridley has to say, but we should consider his points about energy. Ridley, a British journalist and author of several popular books on science, the environment and the economy, is a businessman and member of the House of Lords. He is often shunned because he owns land where coal is mined. Recently, Ridley wrote in The Wall Street Journal that while oil, gas and coal have problems, their benefits are beyond dispute. He...
While the merger of United Airlines and Continental left a gaping hole at the ticket counter at SeaTac International Airport, frequent fliers are noticing an expansion of Delta and Alaska check-in stations these days. That expansion could mean a great boost to Boeing and Washington’s economy in the future — if state lawmakers hold the line on taxes and regulatory costs. According to airport statistics, those two airlines now account for half the passengers flying through Sea...
What if we could peer into the future and see the consequences of the decisions we make today? In a way, we can. According to Washington state economists, a carbon tax high enough to achieve Gov. Jay Inslee’s stated climate change goals would increase gasoline prices almost 60 percent over time and raise natural gas prices — currently our most affordable energy — nearly 35 percent. The carbon tax is only one part of Inslee’s climate change agenda. How much will the rest of...
Environmental activists claim they want to reduce production of greenhouse gases such as carbon dioxide. If so, they’re going about it in a very strange way. Take forest management, for example. Anti-forestry activists oppose salvaging dead and diseased trees, saying the forests should be left in their natural state. But that debris is volatile tinder for raging wildfires that pump an average of 67 million tons of carbon into the atmosphere each year, according to a 2013 r...
