A new report finds that even in Washington — a state whose tax system has been called the nation’s most unfair to the poor — Seattle manages to stand out from the pack.
The report, published this week by the Seattle-based Economic Opportunity Institute (EOI), a liberal think tank, evaluated the tax burdens for households at various income levels in 15 Washington cities. Among those cities, the report found Seattle’s taxes to be the most regressive — in other words, hard on the poor and easy on the rich.
Many Washingtonians feel they are heavily taxed. They are – if they’re working class or middle class. Wealthy residents pay a tax rate many times lower than the rates other people pay. But due to our opaque tax system, it’s hard to understand how much we pay in taxes, or how much other people are.
This report compares the tax obligations of households at the $25,000, $50,000, $75,000, $100,000, $150,000 and $250,000 income levels in Bellevue, Bellingham, Everett, Federal Way, Kent, Olympia, Pasco, Pullman, Renton, Seattle, Spokane, Tacoma, Vancouver, Wenatchee and Yakima. In Seattle, the combination of state and local taxes results in a system which relies much more heavily on taxes on the people least able to pay, while not imposing significantly higher taxes on the wealthy.
This report also compares job growth in states and cities with their income tax structures and effective tax rates on wealthy households. In neither case is there any correlation.
Kentucky’s workforce development conversations focus almost exclusively on employers’ needs and perspectives and ask how public dollars can improve perceived deficiencies in the workforce. Such an approach ignores the increasingly difficult conditions employees face in the labor market, and the responsibilities employers should have to provide jobs that meet acceptable community standards.
In CTViewpoints, Ellen Shemitz writes: The long-term fiscal stability and health of our state depend upon economic growth that affords shared prosperity to families, businesses, and communities. This kind of growth can only occur in a state that has a competitive business environment, a prepared workforce, a commitment to race equity and a fiscally sound state government.