Behind The Line Podcast

Washington State’s Unemployment Trust Fund is sliding toward a trigger that could slap businesses with $700 million in new taxes—just as many are already struggling under existing tax hikes and regulatory pressure. If the fund drops below a 7-month reserve, a statewide solvency surcharge would hit every employer, potentially lasting into the 2030s. Critics warn this could accelerate the exodus of employers and jobs, raising costs for workers, families, and consumers. While lawmakers could step in to prevent the hit, Washington’s history of heavy taxation leaves many doubtful that relief is on the way.

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