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Meaningful tax relief / 2022 Supplemental budgets

Washington state has an unusual problem right now: too much money. Soaring tax revenue and billions in federal coronavirus pandemic relief funds have left lawmakers with a robust bottom line as they work to develop and agree upon the state’s three supplemental budgets: operating, transportation and capital.

Typically, supplemental budgets make minor adjustments to the current two-year budgets. But it’s not a typical year.

After nearly two years of Congress giving out trillions to help the economy stay afloat during the pandemic, both red and blue states are cutting taxes, offering credits or d...

 

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