All political power is inherent in the people, and governments derive their just powers from the consent of the governed, and are established to protect and maintain individual rights.

Sunday, January 17, 2010

Washington State Income Tax Proposal

Its here. The Washington State Senate proposes to keep the massive state sales tax and add a massive income tax.

SB 6250 (get your copy), titled AN ACT Relating to fiscal reform, has been introduced in the Senate by Senators Franklin, Kohl-Welles, and McDermott. The Office of Financial Management identified this bill as requiring a ten-year projection of increased cost to the taxpayers (This published projection is in accordance with I960, which the legislature is also trying to bypass. Apparently the legislature is more comfortable with the public not knowing what the legislature is doing).

As proposed, this Washington State Income Tax will increase taxpayer burden by 23.3 billion over the next ten years, according to the state's Office of Financial Management projection. That's an annual tax increase of at least $925 per wage earner. In the very least, there will be more paperwork to do.

In the current state of economy, Washington State will fare very badly under such a massive increase in taxation.

Will Washington State will have an income tax, or not. Please contact both of your State Representatives and your State Senator at 800-562-6000 and politely urge them to oppose SB 6250. More contact information for the legislators can be found here, then click on the Find Your District tab.

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