EOI Updates More salaried workers in WA could get OT pay boost June 10, 2019 / October 9, 2026 by Economic Opportunity Institute Read more »
EOI Updates Seattle’s fight to tax the rich returns to court June 6, 2019 / October 9, 2026 by Economic Opportunity Institute Read more »
EOI Updates Seattle’s income tax on the wealthy in the court of appeals June 6, 2019 / October 26, 2026 by John Burbank Today the Court of Appeals heard oral arguments regarding Seattle’s Income Tax on the Affluent. This is the next step of the legal process for Seattle’s Income Tax on the Affluent. We look forward to continuing to share our insights in the legalities of Seattle’s Income Tax on the Affluent with the Court. We understand […] Read more »
EOI Updates Washington to raise the overtime salary threshold June 5, 2019 / October 26, 2026 by Marilyn Watkins After 43 years of inaction, Washington State plans to update the overtime threshold for salaried workers. The threshold is now less than minimum wage. As a result, you might be losing out on hundreds of dollars from your weekly paycheck, along with sick leave and personal time. Every worker with an hourly wage earns overtime […] Read more »
EOI Updates Washington State tries a public option health plan May 14, 2019 / October 9, 2026 by Economic Opportunity Institute Read more »
EOI Updates Cascade care passes the legislature May 1, 2019 / October 26, 2026 by Ashley Sutton Late Saturday evening, Washington’s Legislature passed a bill that will lower health care costs for people across the state. Cascade Care creates an affordable insurance option for individuals and families not eligible for insurance through their employer, Medicare or Medicaid. These patients must purchase their insurance on the individual market and now often pay 30 […] Read more »
EOI Updates Washington hospitals say 30 percent profit isn’t enough April 25, 2019 / October 26, 2026 by Matthew Caruchet As the 2019 session draws to a close, state legislators are considering how to implement Cascade Care, which would create a state-sponsored plan for the individual market to reduce health care premiums and deductibles. Both chambers have passed Cascade Care bills, but different versions, which need to be united to pass. Senate Bill 5526 in […] Read more »
EOI Updates We’re number 2! April 24, 2019 / October 26, 2026 by Marilyn Watkins A new study shows that teachers face a significant wage penalty compared to other college-educated professionals in almost every state. Washington is second-worst, trailing only Arizona, with teachers making 31.6 percent less than similarly educated professionals. Meanwhile, school districts across the state are scrambling to find enough teachers to staff their classrooms, and the Legislature […] Read more »
EOI Updates Worried about Medicare for all, insurers are stockpiling your money April 23, 2019 / October 26, 2026 by Matthew Caruchet For most of 2019, stock market advisors have said to steer clear of investing in health insurance companies. In fact, health-care stocks are lagging the broader market by their largest margin since 2006, even though many are producing record profits. Stock investors are afraid the “Medicare for All” movement embraced by some Democratic presidential candidates […] Read more »
EOI Updates 2019 trustees report shows low costs, strong bottom line for Social Security April 22, 2019 / October 26, 2026 by Aaron Keating The just-released 2019 Social Security Trustees Report lands with a thud – literally – because it’s 270 pages long. But fear not, the key takeaways are straightforward: Social Security has a large accumulated surplus – totaling $2.9 trillion – that is sufficient for 100 percent funding until 2035. Looking out a bit further, the Trust […] Read more »
