Good news: I-1366’s passage stopped all tax hikes this year Bad news …

by | Mar 30, 2016

   I’m a glass-is-half-full-kind-of-guy.  Always have been.  So let’s highlight the good news first:  thanks to all of you, I-1366 got on the ballot last year.  Opponents threw the kitchen sink at us, but I-1366 passed.  It was the 6th time the voters sided with us, sending a clear message that the people strongly oppose tax hikes.   

        Despite this clear don’t-raise-our-taxes message, Democrats pushed for $1.3 billion in tax hikes this year:

Ten-year projection:

Fiscal
Year
  B&O Tax Real Estate Excise Tax Retail Sales Tax Total
 
2016          
2017   $ 40,139,000 $ 34,383,000 $ 49,282,000 $ 123,804,000
2018   46,130,000 35,612,000 55,715,000 $ 137,457,000
2019   49,035,000 36,596,000 57,499,000 $ 143,130,000
2020   52,729,000 36,964,000 59,480,000 $ 149,173,000
2021   56,659,000 37,337,000 61,456,000 $ 155,452,000
2022   59,321,000 37,713,000 63,462,000 $ 160,496,000
2023   62,091,000 38,093,000 65,526,000 $ 165,710,000
2024   65,018,000 38,477,000 67,622,000 $ 171,117,000
2025   68,056,000 38,865,000 69,763,000 $ 176,684,000
 
Total:   $ 499,178,000 $ 334,040,000 $ 549,805,000 $ 1,383,023,000

       None of these passed.  This year’s legislature didn’t raise any taxes.  That’s an extraordinary achievement.  Olympia has an insatiable tax appetite but the passage of I-1366 threw cold water on their tax hiking schemes.

       That’s the good news.  

       The bad news:  the Democrats’ $1.3 billion in tax hikes this year are just a drop in the bucket compared to what’s being tee’d up next year.  It’s been widely reported that they’re pushing for $3.5 billion PER YEAR in forever tax hikes — that works out to be $35 billion in the first 10 years.  

       $35 billion!  It’s massive.  It’s terrifying.  It’s absolutely nuts.  But it’s exactly what we can expect from the 2017 legislature.  

        We have to protect ourselves.  If we don’t, the newly elected governor and newly elected members of the house and senate are gonna go tax crazy.  

         Jack, Mike, and our entire team are committed to protecting taxpayers with our follow-up initiatives “Tougher To Raise Taxes” and “Bring Back Our $30 Car Tabs.”  Without them, taxpayers are completely vulnerable to Olympia’s insatiable tax appetite.  

         We are junk-yard dogs when it comes to this stuff.  So you can count on us to keep trying.   

         But whether we continue to succeed or not is up to you.  We will keep winning on behalf of taxpayers as long as your financial support continues.  Please make a donation today.  With your help and support, we have accomplished extraordinary things for the taxpayers of Washington.  Help us continue. 

© 2020 Permanent Offense

 

© 2020 Permanent Offense