Capitol Buzz: Ferguson signs $9 billion in new taxes to fund state budget; Gov. Bob Ferguson signs $9 billion in new taxes, admitting concerns over the impact

Ferguson signs $9 billion in new taxes to fund state budget

The Seattle Times — Republicans lawmakers quickly slammed Ferguson for signing the largest tax increase in state history. Despite Ferguson’s earlier insistence he’d come in as a reformer looking to take a more frugal approach to spending, state House Minority Leader Drew Stokesbary, R-Auburn, said in the end the governor had a “negligible” impact on the final budget deal driven by legislative Democrats. “It was a whole lot of sound and fury, signifying nothing,” Stokesbary said in an interview. He said the new budget goes “in a very bad direction” and would bring higher costs for businesses and ordinary Washingtonians. $

Gov. Bob Ferguson signs $9 billion in new taxes, admitting concerns over the impact

KOMO TV — House and Senate Republicans have long argued the shortfall was prompted by overinflated revenue estimates and new spending on programs. Ferguson had delivered a measured tone on it all through the budget cycle, even earning praise from Republicans for threatening to veto a wealth tax … But on Tuesday, those same Republicans blasted Ferguson. ”These new taxes and fees will crush families already battling an affordability crisis and hit employers still trying to recover,” said House Republican Budget Leader Rep. Travis Couture of Allyn in a statement.

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