Washington is very interesting as a dynamic state with powerful entrepreneurial people and initiatives.
The state is market of + 7 million consumers capable to consume services.
Significant
business within the state include the design and manufacture of
aircraft (Boeing), automotive (Paccar), computer software development
(Microsoft, Bungie, Amazon.com, Nintendo of America, Valve Corporation,
ArenaNet), telecom (T-Mobile USA), electronics, biotechnology, aluminum production, lumber and wood products (Weyerhaeuser), mining,
beverages (Starbucks, Jones Soda), real estate (John L. Scott, Colliers
International, Windermere Real Estate, Kidder Mathews), retail (Nordstrom,
Eddie Bauer, Car Toys, Costco, R.E.I.), and tourism (Alaska Airlines, Expedia,
Inc.).
The state
has significant amounts of hydroelectric power generation at over 80%.
The state of
Washington is one of only seven states that does not levy a
personal income tax. The state does not collect a corporate income tax or
franchise tax either. However,
Washington businesses are responsible for various other state levies, including
the business and occupation tax (B & O), a gross receipts tax which charges
varying rates for different types of businesses.
Washington's
state base sales tax is 6.5 percent which is combined with a local sales tax which varies by locality. As of
March 2017, the combined sales tax rate in Seattle and Tacoma was 10.1 percent.
All real
property and personal property is subject to tax unless
specifically exempted by law.
Washington
is a leading agricultural state. The state widely produces:
raspberries , hops , spearmint , peas , sweet cherries , pears , Concord grapes ,carrots , green peas for , and peppermint oil .
Washington
also ranked second in the nation in production of
fall potatoes (a quarter of the nation's production), nectarines, apricots,
grapes (all varieties taken together), sweet corn for processing (a quarter of
the nation's production), and summer onions (a fifth of the nation's
production).
The apple
industry is of particular importance to Washington. Washington
ranks second in the United States in the production of wine, behind only California.
As of December 2014, there are
124 broadband providers that offer service to Washington state, with 93% of
consumers having access to broadband speeds of 25/3mbps or more.
Washington
has a system of state highways, called State Routes, as well as
an extensive ferry system which is the largest in the nation and the third
largest in the world.
There are
140 public airfields in Washington, including 16 state
airports owned by the Washington State Department of Transportation.
Seattle-Tacoma International Airport (Sea-Tac) is the major commercial airport
of greater Seattle. Boeing Field in Seattle is one of the busiest primary
non-hub airports in the US.
There are
extensive waterways in the midst of
Washington's largest cites, including Seattle, Bellevue, Tacoma and Olympia.
Washington
is home to four of the five longest floating bridges in the world: the Evergreen Point Floating Bridge, Lacey V. Murrow Memorial Bridge and
Homer M. Hadley Memorial Bridge over Lake Washington, and the Hood Canal Bridge
which connects the Olympic Peninsula and Kitsap Peninsula. Washington has a
number of seaports on the Pacific Ocean, including Seattle, Tacoma, Kalama,
Anacortes, Vancouver, Longview, Greys County, Olympia, and Port Angeles.
Washington
operates and maintains roads over seven major mountain passes and eight minor
passes.
Washington
is crossed by a number of freight railroads, and
Amtrak's passenger Cascade route between Eugene, Oregon and Vancouver, BC is
the eighth busiest Amtrak service in the US, and one of the few profitable
routes in the system.
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