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.
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.
Subscribe to:
Post Comments (Atom)
What other people read on this blog
-
Last week, Gov. Bob Ferguson signed the state’s new two-year operating budget into law. The $78 billion spending plan contains nearly $10 ...
-
On Tuesday, May 20th, Governor Bob Ferguson signed House Bill 1163, instituting a "permit to purchase" scheme for the purchase a...
-
Politicians pretend renters are getting scalped in a skirmish of class warfare. They spread that viewpoint 'cause it can give them powe...
-
The 2025 episode of the Washington State legislature has truly screwed up our way of life and chances for prosperity. After voting to shut...
-
On Friday, April 4th, two anti-gun bills will be heard simultaneously in separate committees; SB 5098, "gun & knife free" zo...
Effing the ineffable - Washington State elections sometimes have been rigged.
“It is enough that the people know there was an election. The people who cast the votes decide nothing. The people who count the votes decide everything.”
-- Joseph Stalin
No comments:
Post a Comment