WA Income Tax

[mspart]

Well, the governor signed the Income tax bill yesterday.   He said it was a great day for WA.   

1.   The state constitution does not allow property, tangible or intangible, to be taxed at different rates.   

2.   The income tax is currently called a Millionaires tax.   The legislature refused to say that in the bill, therefore it is a general income tax.  

3.   The tax hits only millionaires, not everyone which is unconstitutional because it taxes property differently.     

4.    The tax is a tax on property as defined by the WA supreme court for the last 100 years.  So it is unconstitutional on a second ground.  

5.   The state has set aside $150 million to set up a WA Revenue Service with 150+ agents.   yes, we need 150 for all those making more than one million a year.   Actually this is in anticipation of a much bigger haul from a much bigger clientele.   

6.   A lawsuit has been initiated to take this to court.   The ex - AG (a friend of mine from HS actually) is the lead attorney for this effort. 

7.   A referendum, that if it gets enough signatures, will go straight to the November ballot to dismantle this law.   There is a lot of anger over this thing already.   

8.   I signed up to get copies of the referendum to get signatures from neighbors and family.   

9.   Homes more than $2 million are up for sale in a much higher proportion than ever before.   

10.   Businesses are leaving the state.   Starbucks is the latest example.  

11.   The Ds in the legislature have said as much that this is just a stepping stone to a general income tax, and that it will be graduated, which are strictly prohibited by the state constitution.   We see how much the Ds and the supreme court honor the constitution.   

12.   The supreme court already called capital gains tax over x amount is simply and excise tax so we see where they are on this topic as well.   

13.  5 of the 9 justices are up for a vote this year.   They are quitting and don't want this fight.  

Just a few factoids for all y'all out there. 

mspart

[Offthemat]

And this will be voted on with mail-in votes?  SMH

 

[mspart]

Of course.   WA is all mail in voting.   Nothing to see here of course.  

mspart