WA Democratic leaders closer to a tax agreement - Spokane, North Idaho News & Weather KHQ.com

WA Democratic leaders closer to a tax agreement

OLYMPIA, Wash. (AP) - House and Senate Democrats appear to be getting closer to agreement on an approximately $800 million tax package that leaders have been counting votes on.

The tax plan, which is being called a "go home" proposal, was posted on the House Democrats' blog Thursday morning. The exact numbers were still in flux. But the biggest chunk was a temporary tax increase for service businesses that would bring in about $245 million. Taxes on cigarettes, bottled water, soda, candy and gum and mass-produced beer would add nearly $262 million.

The beer and soda taxes would also be temporary, ending in June 2013. The compromise package comes with just days left in the 30-day special session as lawmakers work to patch a $2.8 billion budget deficit.

 

 (Copyright 2010 by The Associated Press. All Rights Reserved.)

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