Monday, April 12, 2010

another tax

Wash. state House approves bill to raise taxes on bottled water
Monday, April 12, 2010

OLYMPIA, WASH. — The Washington state House of Representatives approved a bill that will increase taxes on bottled water and a number of other products, the Seattle Times reported.

The revenue from the tax hike, which will also affect the sale of beer, soda and candy, will be used to help close a $2.8 billion budget shortfall, according to the story.

The new taxes on bottled water, beer, soda and candy are expected to bring in more than $150 million combined, the article stated.

The bill also creates a business-and-occupation surcharge, which will raise $242 million in revenue for the state, according to the report.

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