Thursday, September 2, 2010
Vote Against Income Tax
Its another tax
If passed, Initiative 1098 will impose an income tax on Washington State wage earners making more than $200,000 per year.
The Legislature is greedy
Despite the fact that the drafters of I-1098 stipulated income tax would be imposed only on high wage earners, the State Constitution says the legislature can change that restriction after 2 years. Want to bet the legislature will make all income taxable? Remember this is the legislature which threw out I-960 tax restrictions as soon as they could. All other accountability and transparency measures in I-1098 are just as vulnerable.
If 1098 is passed, what you earn is not yours.
Income taxation is not the most pernicious part of 1098. In order to get around the State Constitutional restrictions (Article 7, section 1 requires uniform, not "progressive" taxation on property), I-1098 re-defines your income as not your property, until you take physical possession of the income. This is obscene.
Vote NO on 1098.
If passed, Initiative 1098 will impose an income tax on Washington State wage earners making more than $200,000 per year.
The Legislature is greedy
Despite the fact that the drafters of I-1098 stipulated income tax would be imposed only on high wage earners, the State Constitution says the legislature can change that restriction after 2 years. Want to bet the legislature will make all income taxable? Remember this is the legislature which threw out I-960 tax restrictions as soon as they could. All other accountability and transparency measures in I-1098 are just as vulnerable.
If 1098 is passed, what you earn is not yours.
Income taxation is not the most pernicious part of 1098. In order to get around the State Constitutional restrictions (Article 7, section 1 requires uniform, not "progressive" taxation on property), I-1098 re-defines your income as not your property, until you take physical possession of the income. This is obscene.
Vote NO on 1098.
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