Inslee just signed ESSB 6492 into law which repeals and replaces a law enacted last year that hikes business & occupation (B&O) taxes 17.5% on businesses to supposedly fund free or reduced college tuition for low- or median-income students. The reason for the new bill is that the one passed last year didn’t take enough money from targeted businesses to fund the program.
The Democrats “supposedly fund” an educational program. This is a common trick of the Democrats. They find a popular cause—often involving children—and then they propose a new tax to fund it. If they truly thought the cause was a priority they would prioritize spending and fund it. Instead the Democrats handed out $2.5 BILLION dollars to campaign supporters behind closed doors and took that money off the table when it could have been used for valuable programs like this. They just wanted it as a poster child for a new tax to take more money out of your wallet.
The bill repeals a three-tiered business and occupation tax passed by Democrats last year. For most businesses, the bill replaces the tax with a 1.75% rate. This is a 17% increase on what they are currently paying. 17% on doctors. 17% on veterinarians. 17% on all services covered by the tax. This will no doubt mean businesses passing this increased burden onto you and me in the form of higher prices.
Democrats could have easily funded this program with the already existing, higher-than-expected tax revenues that the state is collecting. But Democrats are so addicted to raising taxes that they just can’t seem to help themselves. Tax craziness is the Democrat way of life.
In 2012, then candidate for governor, Inslee repeatedly promised to veto any tax increase. As Governor, he's raised taxes 29 times costing us $50.3B and yet he's still pushing for carbon taxes, income taxes, and pay-per-mile taxes. Lying about taxation is also the Democrat way of life.
It is critical that Republicans regain the majority in the state Senate this year so that we can stop the madness.
Adapted from an email from
Johnny Alvarado
~~~~~~~~
And hold onto your car keys
Democrats seek ban on gas-powered cars
Democrats in Olympia introduced HB 2515 that would ban the sale and registration of gasoline powered cars by 2030.
The bill’s primary sponsor – Democrat Rep. Nicole Macri – admits that when she first proposed the idea one year ago, she received negative feedback. The idea fit into the “fringe crazy bill category.” Apparently, a lot has changed in one year.
The bill is co-sponsored by seven different Democrat House committee leaders, including the “green committee, Energy and Environment; the money committee, Finance; and the economy committee, Innovation, Technology and Economic Development.”
No comments:
Post a Comment