The Senate Economic Development, Trade & Innovation Committee on Wednesday gave a “do pass” recommendation to a bill introduced by Sen. Mike Padden that would bring much needed relief to new businesses. Senate Bill 6327 would create a one-year exemption from the state business and occupation (B&O) tax for all...

Relief measure could benefit 90,000 businesses over the next four years Washington’s business and occupation (B&O) tax is widely regarded as one of the most onerous and punitive taxes that new and small businesses face. Spokane Valley Republican Sen. Mike Padden is now taking aim at this leading cause of...