r/federalway

Six investors own PSE and none are in Washington. Federal Way, here's where your electric bill goes.

Federal Way is in Puget Sound Energy's service area (check your bill to confirm). PSE is owned by six investors, mostly pension funds, based in Canada, the Netherlands, and Australia, all disclosed in WUTC and SEC filings. PSE has a pending three-year rate request asking for electric increases of 15.15% in 2027, 3.74% in 2028, and 8.7% in 2029, tied to over $3.2 billion in infrastructure spending. If you're struggling with your bill, PSE also has income-based discounts of roughly 5% to 45% and a program that can credit up to $1,000. One application at pse.com is supposed to start both. The state utilities commission is holding a virtual public hearing on October 7, and written comments are open under dockets UE-260005 (electric) and UG-260006 (gas) at utc.wa.gov. A comment can be a few sentences about what you pay and what worries you.

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u/EWyattMendel — 11 days ago

Rant: Getting on S 320th Westbound from I5 South exit

I'm so frustrated. The traffic backs up like crazy trying to get onto 320th. The first 2 lanes allow right turn on red but barely anybody does this. Heck the inside lane is filtering onto a brand new lane, any traffic coming over the interstate has to merge into this lane so it's super easy to join.

It's gotten to the point that I'd rather get off at exit 147 and work my way over.

Don't folks know how to do a right turn on red? I know it's a big intersection, but the number of time there's no traffic on 320th and drivers just sit there and wait for the light to turn green.

Don't even get be going on the light sequences once on 320th.. Grrrrrr.....

OK I've got that off my chest... and breathe.... :-)

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u/Icy_Consideration790 — 13 days ago

Looking for recommendations!

Coming to FW next week for a five day trip! Where’s the good food and fun cocktail bars for the oldsters? Are there cool book shops, awesome thrifting or cool vintage places to check out? The die for breakfast spot or best pizza in town? I’m open to all suggestions!

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u/Leoliad — 13 days ago

Washington's new 2028 income tax seems to have a ~$27K cliff hidden in the capital gains rules. Am I reading this right?

I was working through ESSB 6346 (WA's 9.9% tax on income over $1M, starting 2028) and I think I found a strange edge case. Please check my reading.

Here is the problem I see. The bill says the add-back "applies only to taxpayers owing tax under chapter 82.87 RCW" (the capital gains tax). So:

  • Gain under ~$278k: you owe no capital gains tax, nothing gets added back, so the gain never touches the income tax.
  • Gain even $1 over: you owe capital gains tax, so the *whole* gain gets added back, including the first $278k that was previously free.

Example (single filer, $1.2M wages, 2025 deduction figure):

Scenario 1

  • Long-term gain: $277,000
  • Capital gains tax: $0
  • Income tax base: $1,200,000
  • Total WA tax: $19,800

Scenario 2

  • Long-term gain: $279,000
  • Capital gains tax: $70
  • Income tax base: $1,479,000
  • Total WA tax: $47,421

A $2,000 bigger gain costs about $27,600 more in tax, because 9.9% x $279,000 of extra income suddenly counts. It only affects people whose other income is already over $1M.

Caveats: I'm not a tax pro, this ignores the other credits in the bill, and the tax faces a repeal vote in Nov 2026. I found this while building the rules into a planning calculator, and I checked the wording against the session law text rather than a summary.

Does this match how you read Sec. 302(3)?

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u/Maria_Nauma_Finance — 12 days ago

Can you make a custom Halloween costume?

I am a dad of a 14-year-old angel and she wants to dress up as Olivia Rodrigo in the music video The Cure for Halloween.

From my search on the Internet is costing does not exist and in the interest of trying to be the best dad of the whole time, mind you this is post divorce so this is very important to me, I am reaching out to see if anybody can create that costume for us.

I have custody of my daughter this weekend so I would be able to bring her over for a measurement and fitting. It is essentially a pink nurse’s outfit and I think the red yarn would be fitting. You can watch the video for inspiration and ideas if you like.

Please let me know if there is somebody out there who thinks that they could accomplish this.

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u/Express-Hotel-3305 — 14 days ago