Port of Tacoma taxes on Pierce County businesses and homeowners should be eliminated. The port levies taxes at the rate of $.182 per $1,000 assessed value as authorized by RCW 53.
County homeowners are paying $40 on home values on average, plus a share of business property taxes, during the current economic recovery period with declining home values, high unemployment and foreclosures. Port of Tacoma tax revenues have more than doubled from $7.4 million in 2001 to $16.2 million in 2010. Port staff has increased by 20 percent.
The port is a $31.5 billion business serving domestic and international shippers …