“Tim Eyman wrecked the state government’s ability to manage its business” says pusher of state income tax
There’s a huge push right now for the Legislature to impose a new state income tax (reason #1 that we make sure Initiative 1366 passes in November). A local liberal columnist in today’s Everett Herald is salivating over a new $5 billion PER YEAR tax increase (to put a $5 billion annual tax increase in perspective, he’d have to raise the statewide sales tax to 15% to get that kind of money). He writes: “You can’t just middle through to get $5 billion … it would be incredibly easy to get this money, if we had the political leadership willing to do so … look across I-405 to Redmond or to the tony neighborhoods of Hunts Point and Medina. Note the new buildings, new cars, new remodels, new houses, and realize that is just the tip of the iceberg of new income and wealth in our state. The beneficiaries, indeed the takers, of this wealth … we don’t tax income at all.”
The lust, the envy, the wanton coveting of others’ possessions oozing from his column feels incredibly filthy and unseemly. Just because some people have things they’ve earned doesn’t give others the right to take it.
What’s his redistribution plan?
“… put in place effective tax rates of 2 percent for a $100,000 household, 3.5 percent for a $200,000 household, 5 percent for a $500,000 household, 6.25 percent for a million dollar household, and 8.125 percent for a $2 million household. That would raise $7.5 billion. … it is time for a progressive income tax. We can’t afford to wait.”
The overwhelming passage of Initiative 1366 will be the best way to repudiate this kind of talk.
Initiative 1366 is called the “Taxpayer Protection Act” for a reason: it’s all about protecting the taxpayers from Olympia’s insatiable tax appetite. Whenever people ask why our initiative is necessary, all we say is “Did you see how tax-obsessed Olympia was this year?”