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Washington Governor Inslee Proposes Plan for Business Climate, STEM Education

Gov. Inslee of Washington released his budget request for the 2013-2015 biennium in his Working Washington plan. Among the priorities are STEM educational investments and clean energy research and development. Overall, the Governor’s proposed budget totals more than $34.4 billion, and would result in nearly $532 million in reserves, without proposing new taxes.

Working Washington will attempt to improve the business climate of the state through enhanced funding for STEM education, secondary education aerospace training, and tax relief for new businesses in high-growth sectors.

Specifically, the budget calls for the elimination of tax breaks deemed inefficient, as well as reducing the value of the special tax rates on business and occupation by 25 percent, except for the aerospace and radioactive waste cleanup sectors.

Full Story: http://www.ssti.org/Digest/digest.php?page=2013/040313#story4

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