Northwest Marine Trade Association

Early yesterday the Democratic Caucus released a string of proposals to increase revenue for the Washington State General Fund. The tax package proposes to raise an additional $918 million in the remaining year of the current biennium and more than $2. 0 million in the 2011-2013 biennium. This represents about a 50 percent increase in the size of the tax increases in the current biennium over the proposal advanced by Governor Gregoire last week (900 million vs. 605 million)