A bill that dropped Tuesday would add a tax to the sale of real estate over about $3 million. Revenue from that tax, estimated at just under $300 million every two years, would provide a funding ...
Legislation to give cities and counties the option to spend real estate excise taxes on affordable housing projects is close to final approval. “It is one in many tools that we can use to address ...
A bill that would create a new tax on the sale of expensive real estate to pay for affordable housing is one step closer to becoming law in the Washington state Legislature. The House Finance ...
Washington Democrats are again looking to raise taxes on expensive property sales to help pay for affordable housing. A bill that dropped Tuesday would add a tax to the sale of real estate over about ...
For some lawmakers in Olympia, the only way to solve a problem is with more taxes. But when the problem is increasing the supply of affordable housing, raising taxes isn’t the answer. The latest ...
OLYMPIA — A tax on real estate sales in Washington over $3 million did not pass in this year’s state legislative session, dealing a blow to advocates who had hoped for a permanent funding stream for ...
Gov. Jay Inslee is suggesting a new way of assessing the state’s share of the real estate excise tax. An old idea for boosting tax receipts is getting revived and repurposed for 2019. Gov. Jay Inslee ...
Real estate has long been a wealth-building tool for high-net-worth individuals. Beyond its potential for steady income and long-term appreciation, real estate offers unique and powerful tax benefits ...
Washington Democrats are again looking to raise taxes on expensive property sales to help pay for affordable housing. A bill that dropped Tuesday would add a tax to the sale of real estate over about ...