Contact Us

State Budget has Big Tax Break

Facebook

The budget deal approved last week in Olympia includes a new half-million dollar tax break for Washington state’s largest private company.

The Seattle Times reports Darigold brought in nearly $2.5 billion in revenue last year.

The dairy-production company says it is considering building an infant-formula plant but can’t go forward if formula exported from the state is subject to the state business-and-occupation tax.

One prominent Seattle lawmaker highlighted the break this week as an example of the unscrutinized items that get into budget deals at the last minute.

Rep. Reuven Carlyle, who chairs the House Finance Committee, mentions the Darigold tax-break and several others as part of the “give and take” of final budget negotiations.

Carlyle wrote on his Facebook page that he wishes the Legislature had vetted tax breaks more fully.

More from newstalkkit.com

Best of the Web

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your points and personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account with your Facebook account, just click on the account activation button below. You will maintain your existing profile and VIP program points. After you do this, you will be able to always log in to http://newstalkkit.com using your Facebook account.

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

Register on News Talk KIT quickly by logging in with your Facebook account. It's just as secure, and no password to remember!

Not a Member? Sign Up Here

Register on News Talk KIT quickly by logging in with your Facebook account. It's just as secure, and no password to remember!