Mason County News
Bill Would Reinstate Vetoed Manufacturing Tax Rate
Although a proposed reduction in the state’s business and occupation tax for manufacturers met the governor’s veto pen last year, state House Republicans say it’s still a good plan to create jobs in Washington. They’re going to try it again. John Sattgastfrom from the Washington House Republicans reports from the state Capitol.
SATTGAST: Twenty-four House Republicans have introduced a bill to give manufacturing companies the same lower preferential B&O tax rate as Boeing and the aerospace industry.
VICK: “House Bill 2393 is basically identical to what we passed in the operating budget last year. Of course, those budgets were passed with overwhelming support by both parties.”
SATTGAST: That’s State Representative Brandon Vick of Felida, the prime sponsor of the bill, which would roll back the B&O tax on manufacturers to point 2-9 percent.
VICK: “We keep talking about the folks who are struggling. But we’re not doing a whole lot to help them out. A tax rate like this is going to bring those jobs for folks who not only are low-skilled, but are high-skilled in unique areas.”
SATTGAST: And what’s to stop Governor Jay Inslee from vetoing the bill again? Vick believes widespread public support is the key.
VICK: “We want folks to get ahold of their legislators, to get ahold of the governor. We want the business community to be vocal with us. The business community does great things in this state and they’re busy making money, and we need them to take a little bit of time out as well, and come out and talk about how important this is to them.”
SATTGAST: Messages for legislators and the governor can be left on the toll-free Legislative Hotline at 1-800-562-6000. The bill has been referred to the House Finance Committee. John Sattgast, Olympia.