Kansas and North Carolina Cutting Taxes to Spur Jobs and Growth

In Olympia these days, lawmakers are high centered in a second special session over the budget to operate the state for the next two years. The stalemate has come down to the choice of raising taxes or funding government within the current revenues.

Gov. Jay Inslee and fellow Democrats call for a new 5 percent capital gains tax they estimate will generate another $550 million. In addition, Inslee has proposed a new billion-dollar tax scheme on carbon emissions. On the other hand, Republicans believe the projected $3.2 billion (9.2 percent) increase in revenue collections already expected over...