HB 3070, titled "AN ACT Relating to fiscal reform," has been introduced in the House of Representatives. The Office of Financial Management has identified this bill as requiring a ten-year projection of increased cost to the taxpayers or affected feepayers.
The cost of this tax is massive: $69,655,191,008 in income taxes over a ten year period. That's over $1000 more tax per resident! It's over $2000 per taxpayer!
Democrats in control of Olympia tells us we have a $2.6 billion shortfall in the budget. Meanwhile, state workers get $19,500 more per year than comparable private sector employees. Don't you think the shortfall is caused by the Democrats' poor and intrusive planning, not a lack of taxation?
We need open government in Washington State. We got a Democratic Party Machine. Expect Washington State's economic downturn to last until we get the Democratic Party out.
Thursday, January 28, 2010
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