WPC's Center for Small Business focuses on improving Washington's small business climate by working closely with business owners and policymakers. The Center provides accurate information and analysis on the state's regulatory climate, tax structure, health insurance systems, and more.
Olympia - Today the Department of Labor and Industries announced a 7.6 percent increase in workers’ comp system premiums for calendar year 2010, which will result in a $117 million cost increase for businesses. This marks the third year in a row premiums have increased and it is the largest increase since 2003 when state officials raised the rate 29 percent.
Jason Mercier, Director, Center for Government Reform, September, 2009
In November the people of Washington will vote on Initiative 1033. The measure is sponsored by Tim Eyman and would create a new revenue limit for the state, counties and cities with the goal of annually reducing property taxes. Eyman calls Initiative 1033 the “Lower Property Tax Act of 2009.” Initiative 1033 is the latest in a series of initiatives considered by voters which seek to control the growth of state government, though it is the first to include local governments under its requirements, and it is the first to focus primarily on providing ongoing tax rebates to property owners.