Challenge to Capital Gains Tax

BUSINESS BRIEF - GREATER KITSAP CHAMBER

July 14, 2022

Chamber Weekly Survey

Would a foot ferry between Bremerton and Bainbridge Island help your business?

(Please choose one answer)

Yes, to attract more staff

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Yes, to attract more customers

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Yes, to attract both staff and customers

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Only a little

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No, it would not

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Not as much as more ferries to Seattle

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*Survey questions are run for 2 weeks to capture all of our readers.

The Greater Kitsap Chamber is committed to learning how best

to serve our business membership and community. Your participation

in poll questions like these help us to work better for you!

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WA Supreme Court to

Hear Challenge to New Capital Gains Tax

The Washington State Supreme Court building as seen in Olympia on July 16, 2021. Ellen M. Banner/The Seattle Times

The Washington Supreme Court will decide the legality of the state’s new capital gains tax, bypassing the Court of Appeals, in a case with hundreds of millions of dollars of tax revenue on the line and the potential to overturn decades of state Supreme Court precedent.

Read the full article in the Seattle Times here, published July 13, 2022.

6 Reasons Why a Facebook Group Can't Replace Chamber Membership

Some people think a chamber membership is all about networking and because of that they see it as obsolete. After all, you can just meet other business-people online, right? Search on Facebook and a number of business groups will come up, many geared to a certain profession or business size. No need to join the chamber, right?

Wrong.

Keep reading to learn why joining a Chamber is more than just networking, from Christina Metcalf.

How Fixing Our Worker Shortage Can Fight Inflation

From the U.S. Chamber of Commerce

Concern for inflation is soaring among American consumers and business owners alike. According to our latest Small Business Index with MetLife, 88% of small business owners are concerned about the impact of inflation. Of those, 49% are very concerned, compared to 44% last quarter and rising from 31% in Q4 2021.

Another top concern right now for business owners: the labor shortage. It’s one of the top issues we hear about from businesses across the country.

But these aren’t two separate issues. The worker shortage is one of many contributing factors—alongside supply chain disruptions, strong demand, and monetary policy—fueling inflation.