Seattle will use money originally earmarked for affordable housing to plug a $250 million hole in the city’s budget.

A proposed capital gains tax in Seattle failed to get a "pass" recommendation out of the Select Budget Committee, with Council Bill 120908 garnering a 4-4 vote, including one abstention. Sue Romero, ...

Seattle will balance its budget in 2025 and may do so for years to come with help from its JumpStart payroll tax, the City ...

A one-bedroom unit in Heartwood Apartments, a Seattle housing development targeting lower income renters. (GeekWire Photo /) ...

Budget deliberations found "there's not a lot to cut" in next year's budget. "So that does leave us at the point where we do ...

When it comes to taxes on capital gains, the income thresholds for the long-term capital gains tax rates are adjusted each year for inflation. The value of depreciation deductions for certain ...

Washington has a relatively high sales tax rate compared to other states and a somewhat controversial capital gains tax that was recently upheld by the state's Supreme Court. Much of Washington ...

Good morning and batten down the hatches, we're about to be dealing with a bomb cyclone. The Associated Press said heavy rain ...

The Seattle City Council votes tomorrow on the 2025-26 budget, with public input on amendments including tax legislation.

Seattle won’t establish a capital gains tax at the city level, at least not now. In a close vote Tuesday, the City Council’s ...