Businesses Warn Tax Burden May Shift To Residents + WA Could Miss Out On $700 Million Tax Credit

The Center Square YT

The Center Square YT

June 20th, 2026

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Washington leaders are facing growing pressure to join a new federal education scholarship tax credit program that supporters say could generate more than $700 million annually for students across the state. The program would allow eligible taxpayers to claim a federal tax credit of up to $1,700 and direct those funds to scholarship organizations of their choice. Critics, including Superintendent Chris Reykdal, have raised concerns about oversight and the role of private education. Meanwhile, Downtown Seattle Association CEO John Scholes is warning that continued business departures and declining commercial property values could shift more of the tax burden onto residents and small businesses. He says city leaders need to create a more predictable business climate to remain competitive. The show also examines Washington's Supreme Court races, where five seats are on the ballot this year. One candidate discusses judicial independence, recusal rules, and concerns about gubernatorial appointments as future tax cases and major policy issues move through the courts. #WashingtonPolitics #Education #SchoolChoice #SeattleEconomy #BusinessClimate #WashingtonSupremeCourt #JudicialElections #Taxpayer #BobFerguson #SeattleBusiness #WashingtonState #PublicPolicy #TheCenterSquare #WashingtonNews #IncomeTax
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