Washington
Related: About this forumDems ready to negotiate tax plan; GOP calls it beyond belief
OLYMPIA Democrats pushed their $3 billion tax package through a House committee Tuesday and declared themselves ready to sit down with their Republican counterparts in the Senate to negotiate a new two-year state budget.
The House Finance Committee approved the bill imposing a collection of new and higher taxes on a party line vote after Democrats and Republicans debated its necessity in assuring ample funding for public schools and social services.
Democrats decried the unfairness of the existing tax system and the need to provide a level of funding support for children in public schools required by the states Constitution.
With this package we begin to make the tax system more fair while attempting to provide for the first time a significant, big step forward in meeting our obligations to them, said Rep. Gerry Pollet, D-Seattle.
Republican members said the large tax package is unnecessary because the surging economy will produce billions of additional dollars for state coffers on its own.
http://www.heraldnet.com/news/house-panel-passes-3b-tax-package/?utm_source=DAILY+HERALD&utm_campaign=d62b7945ec-RSS_EMAIL_CAMPAIGN&utm_medium=email&utm_term=0_d81d073bb4-d62b7945ec-228635337
How many times have we heard the last paragraph from the douchebags on the right?
Wounded Bear
(58,698 posts)the damage to our economy wreaked by the Bush recession or even of the "Reagan revolution."
LisaM
(27,827 posts)I remember at one point in the 1990s Seattle had more millionaires per capita than any other city in the country, yet Washington had no state income tax. Sales tax here is outrageous, and they keep piling on the hotel and other user taxes to gouge tourists.
Of course, some of the millionaires got their money through capital gains which have capped taxes, but still. There is a lot of wealth here, and the tax burden is increasingly carried by homeowners (the ones that are left) and through regressive user taxes. With the outrageous salaries being paid to tech company workers, it's time something was done.