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Results tagged “taxincrease”

Hey, Seattle, Wanna Vote on the Monorail Tunnel?

Mayoral candidate Mike McGinn is starting to mix it up with Greg Nickels over the deep-bore tunnel. (McGinn has been campaigning as anti-tunnel for a while, but Nickels has only now started to respond.) Now McGinn says that since the Seattle share of tunnel costs would nearly equal the total of every other voter-approved levy in the city, it's worth a vote. more ›

Neighborhood News and Local Blog Round-Up

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More Alcohol Taxes: Bend Over Before Ordering a Drink

How and where will we be able to drown our sorrows away when we can't even buy a drink?--if (and when) the State Liquor Control Board jacks up the price of alcohol by nearly $1.05 per liter. That equals a 5.6 percent increase, taxing your wallet an additional $2 per 1.75-liter bottle. Jerks. Lawmakers needed to balance the state's budget, and so they took a good chunk of change from the liquor board's piggy bank. Now the board is pressured to tax the hell out of alcohol and re-fill the gaping $79-million hole. If the board approves the increase today, it will take effect August 1, and is expected to raise $77 million over two years. Meanwhile, industry experts shake their finger and caution that if the taxes keep piling on, the hospitality sector could be in for a whirl of economic double-trouble, potentially costing 1,100 jobs and decreased tax revenue.
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