Last week Gov. Gregoire unveiled her plan to restore certain state expenditures and raise the revenue to pay for them. This spending plan would leave a nearly $3 billion deficit. She hopes to address the gap with cuts in other areas rainy day and federal funds and a list of new or increased taxes the largest single one being the tripling of the Model Toxics Control Act tax. This “shadow gas tax” is also the subject of stand-alone legislation vigorously opposed by AGC (click AGC’s letter to Senate Ways and Means Committee). To see the full plan click Governor’s Tax Plan.
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