Tuesday, March 31, 2015

State income tax (yet again)

HB 2224, with the longwinded and deceitful title, "an act Relating to investing in education and essential public services by modifying and improving the fairness of Washington's excise tax system by enacting an excise tax on capital gains [income], narrowing or eliminating tax preferences, reinstating a previously expired business and occupation surtax while increasing the small business tax credit, and implementing marketplace fairness in Washington," has been scheduled for a public hearing by the House Committee on Finance.

Date and Time: 03/31/2015 8:00AM (Subject to change by the Legislature.)
Location: John L. O'Brien Building, House Hearing Rm A, Olympia, WA

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The state didn't even send out the notice until 8 hours before the hearing in order to intercept possible objection from the people to yet another tax.  An excise tax on income from capital gains is a doorway to an income tax on all income.   The people have repeatedly voted down an income tax. This is legislative fraud.

This "notice" is an announcement they are going to do whatever they want and screw the people.

These are the names of the backers of this bill.  Let 'em know what you think.

Representative Reuven Carlyle, Prime Sponsor
Democrat
Seattle
(360) 786-7814
Reuven.Carlyle@leg.wa.gov

Representative Ross Hunter
Democrat
Medina
(360) 786-7936
Ross.Hunter@leg.wa.gov

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Update 4/8/15: The sponsors list has expanmded to include more greedy politicians in the legislature:

Representative Sam Hunt
Democrat
Olympia
(360) 786-7992
Sam.Hunt@leg.wa.gov

Representative Ruth Kagi
Democrat
Lake Forest Park
(360) 786-7910
Ruth.Kagi@leg.wa.gov

Representative Brady Walkinshaw
Democrat
Seattle
(360) 786-7826
Brady.Walkinshaw@leg.wa.gov

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