State lawmaker seeks to cut Boeing’s tax breaks if company reduces workforce here

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Singapore Aviation Airshow 2014

A model of a Boeing Co. 777x aircraft is displayed at the Singapore Airshow on February 13, 2014 in Singapore. The Singapore air show is held every year and is one of the most important aerospace and defense exhibitions in the world. (Photo by Yuli Seperi/Getty Images)

OLYMPIA, Wash. (AP) — A lawmaker says she will introduce a bill that could reduce Boeing’s multibillion-dollar tax break if the company trims its overall Washington state workforce.

The Herald of Everett reported Monday that state Rep. June Robinson says her bill aims to ensure aerospace tax incentives are used to benefit the taxpayers in Washington.

Robinson’s bill is the latest move in the union-led effort to compel the state to reconsider generous tax incentives if aerospace companies don’t create and retain good paying jobs.

Unions representing Machinists and engineers among others say the state was too generous when it extended tax breaks to the aerospace giant in 2013 to secure the 777X program in Everett. Those tax breaks could save the aerospace giant as much as $8.7 billion in taxes through 2040, yet it has shipped some jobs out of state.

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2 comments

  • Jim H

    Oh, ok, that makes sense. Union makes unreasonable demands to fund a pension that’s going broke, forcing Boeing to make a business decision… Then the union cons a lawmaker to pass a law that will force Boeing to make another business decision. If you want business to stay, make it easy for them to stay, not easy to leave! Take a look at telecom valley in NorCal(Sonoma county) Lawmakers made it easy to leave and They ALL left!