Eastern Adams County's Only Independent Voice Since 1887

State carbon tax would be harmful

A major hurdle for lawmakers in Olympia working to finish the next two-year state budget and adjourn is the so-called “carbon tax.”

However, Gov. Jay Inslee wants a first-ever levy on CO2 emissions. While it targets coal and natural gas power plants and manufacturing facilities, everyone will pay more.

His proposal is part of a grand plan to raise $5.5 billion in higher taxes. That scheme also includes imposing a new tax on investor’s income and increases existing business and occupation (B&O) tax rates on services.

Higher taxes are troublesome for Washington businesses, which already pay 58 p...

 

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