Washington State has the most regressive tax system in the nation. The poor pay 17.3 percent of their income in taxes, while the rich pay only 2.6 percent of their income in taxes. Say it with us: That is NOT. FUCKING. FAIR.
Especially at a time when our state is broke and services that help the poor are being slashed so that rich people can keep not paying their fair share. Initiative 1098 seeks to even out the playing field by laying an income tax on individuals who make more than $200,000 a year and couples who make more than $400,000 a year. And it only taxes them on the income above those amounts. Doing so would raise more than $2 billion a year for public education and health care. (And, to sweeten the deal, I-1098 would lower everyone's property taxes and cut almost everyone's B&O taxes.)
Class warfare? SHUT. FUCKING. UP. The system we've got now is class warfare—with the rich waging war on the poor. And Bill Gates Sr.—not really known for throwing bombs—is leading the charge on this. Local titans of industry should pay a little more, Bill Sr. says, given how much they benefit from this state's expensive-to-maintain infrastructure, an educated workforce, and a population that's not dying in the streets from preventable illnesses. Rich and poor will benefit if voters approve I-1098.
VOTE. FUCKING. YES.
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