Capital gains tax in Washington state: Is it about fairness and funding, or will it drive away startups?
March 17, 2021 at 1:41 pm
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GeekWire’s civic coverage examines tech policy, urban development, transportation, housing, the environment, regulation, and other issues impacting the innovation economy.
Tech workers, business owners, public policy advocates and private citizens weighed in this week in favor of and against a proposed capital gains tax in Washington state.
A remote hearing of the House Finance Committee attracted 3,900 people, with 2,380 in support of SB 5096. The majority of Monday’s hearing, and the ongoing argument around the legislation, centered around whether the tax is a necessary way to help level the playing field among taxpayers in Washington state, or whether the action amounts to an unconstitutional state income tax that would ultimately drive businesses and entrepreneurs out of state.
Washington state tech community spars over proposed capital gains tax
March 15, 2021 at 11:50 am
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GeekWire’s civic coverage examines tech policy, urban development, transportation, housing, the environment, regulation, and other issues impacting the innovation economy.
The Washington State Capitol in Olympia. (GeekWire Photo / John Cook)
Update: The Washington state Senate on Saturday passed SB 5096 by a slim margin, 25-24. The bill now moves to the House.
Washington state’s startup community spent much of this week locked in a tense debate over a plan to tax big-ticket capital gains, one of several proposed taxes targeting the wealthy in a state with a tech industry that’s booming amid the pandemic.
by Charles Mudede • Mar 3, 2021 at 5:39 pm
Cops say there s some rumors of this shit going around. SAMUEL CORUM / GETTY
Cops Say They Found New Possible Plot: Capitol Police said they caught Three Percenters, an extremist right-wing group, exchanging online chatter about a plot to breach the U.S. Capitol tomorrow. The threat appears to be connected to a far-right conspiracy theory, mainly promoted by supporters of QAnon, that Trump will rise again to power on March 4, writes the Associated Press. Sponsored Enjoy 25% off every day on The Hollingsworth Cannabis Co. Find it only at Uncle Ike’s!
Washington Three Percenters Say It Wasn t Them: In an email, Matt Marshall, the founder of Washington s Three Percenters, said, We have not heard of this plot. Typically, when these crazy claims are made, we have heard them before. This one is new. They blame QAnon for spreading this baseless claim about t
Washington Technology Industry Association Elects Dave Cotter as Board Chair and Kristen Forecki as Vice Chair prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
Tech Moves: WTIA elects new board leadership; Adriane Brown joins American Airlines board
March 4, 2021 at 3:30 pm
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Tech Moves covers notable hires, promotions and personnel changes in the Pacific NW tech community. Submissions: tips@geekwire.com
From left to right: Dave Cotter and Kristen Forecki (Dave Cotter and Convoy Photos) The Washington Technology Industry Association (WTIA) elected Dave Cotter as the new chair of its board of directors and Kristen Forecki as vice chair for the next two years.
Cotter is currently chief product officer at cannabis website and marketplace Leafly. He joined the WTIA board four years ago. A serial entrepreneur and veteran of companies including Zulily, Amazon and Microsoft, he has become an advocate for systemic change to dismantle racism in business and tech.