Washington is the northwestern state of the
flanking United States. It is positioned on the Pacific Ocean
and the waterfronts of Puget Sound , which offers the state
a foremost role in maritime trade with Canada , Alaska , and
the Pacific Rim .
It is a major contributor in the per capita income of the
nation. Important business inside the state comprise the computer
software development, design and production of jet aircraft,
aluminum production, electronics, biotechnology, lumber and
wood products, tourism and mining. This is not all; the state
has considerable amounts of hydroelectric power generation
as well. Bill Gates, Craig McCaw, Jeffrey Bezos, Howard Schultz,
Paul Allen are some of the well-known Washington state billionaires.
The Washington state has one of the most regressive tax structures
in the United States . The state neither levies a personal
income tax nor collects a corporate income tax. On the other
hand, Washington businesses are accountable for various other
state levies. Most foods are free from sales tax; however,
dietary supplements, prepared foods, and soft drinks continue
to be taxable.
Washington is one among the eighteen states that has a government
monopoly on sales of alcoholic beverages, while wine and beer
with less than 20% volume of alcohol can be obtained in supermarkets
and convenience stores. Liqueurs, despite being under 20 %
volume of alcohol and spirits can only be acquired in state-governed
or privately-owned-state-contracted liquor stores.
In view of the prosperity encompassing the state of Washington
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cards.
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