Tag Archives: tax incentives

Sunnyside Senator to push for expanding tax breaks for businesses statewide

Senator Jim HoneyfordAfter approving two tax-preference bills designed to bolster the state’s aerospace industry, longtime state Sen. Jim Honeyford, R-Yakima, said he’s looking forward to continuing the trend of growing the state’s business community by offering tax incentives.

“The governor called us into a special session in order to pass two bills to keep Boeing in Washington, in exchange for retaining up to 56,000 jobs and creating tens of thousands of new jobs across the state,” said Honeyford, who represents the state’s 15th Legislative District. “That’s not an opportunity that we can just sit on, but I’m concerned about the appearance of the state playing favorites. Now that it’s been widely accepted that certain tax incentives can grow businesses in Washington and in turn provide jobs, I’m going to pursue expanding that policy to other areas beyond aerospace, such as agriculture and small businesses, and I already have a commitment from Boeing that it will help us work to expand these policies.” Continue reading