And for the sake of less clicking on your part here is the prequel – the Baby –
Posts Tagged ‘i 1098
When the general election ballots make it to your door, you will find the usual alphabet soup (do they make numeric soup?) of ballot measures. It can definitely get confusing, and those little blurbs on the actual ballot are usually just enough to remind you that you don’t know what the heck it’s all about. Ten ninety who? R fifty cent? Never fear, the Bus has got wheels so we’ve got a head start towards the whole initiative circus, and its looking much clearer now. We’ve already given a nod, a nudge and a wink to Referendum 52, one of this year’s ballot heroes. Now meet its best friend, the awe-inspiring Initiative 1098, who is here to save Washington’s future in a big big way.
I-1098 will set up a trust fund for education (BOOM), health care (BAM), and middle class tax relief (KAPOW), a true investment in the future of Washington. And the investment is substantial – over $2 billion is expected to be accrued to the fund every year. Our state education system would be seeing an extra billion dollars every year, health care would benefit from roughly a half-billion, and the remaining would allow for tax relief for property owners and nearly 90% of businesses. These aren’t numbers I pulled out of a hat (that was indeed a rabbit); local experts such as the Economic Opportunity Institute, Sightline Institute, Our American Generation, and the Washington State Budget and Policy Center have all done their homework. Follow each link to see what those folks have got to say about 1098; the Economic Opportunity Institute in particular is on their shizznat. You can also check out the measure with your own spectacles here.
The “Education, Health Care, and Middle Class Tax Relief Fund” will get its cash flow from a modest-income tax on the wealthiest 1.2% of Washingtonians. Individuals will still have zilch income tax until they make at least $200,000/year, or $400,000 for couples filing jointly. The income tax will be a marginal tax rate set at 5%, which means only income above and beyond that mark is taxed (so if you make $200,001 in a year, your annual income tax will add up to a whopping one nickel). The marginal rate increases to 9% for incomes above $500,000/year, or $1 million for couples. Predictably, this concept of creating a new tax has sparked quite a bit of debate around the fairness of this measure (someone should hide those barrels of tea at the port). However, the idea that 1098 will hurt entrepreneurship or punish rich people is way-dumbed-down way of looking at it. 1098 is about fixing an unfair tax system, not piling on the taxes. Not to mention Washington State is currently ranked dead last in tax fairness in the whole country. Continue reading ‘Luchador? Robin Hood? Definitely a Hero.’
Some call them champions, some call them ballot measures, we call them… LOS DOS VALIENTES.
In a ballot full of villainry, two bold heroes have the answers to our education and environmental woes (cue body slam). One – a world-class acrobat displaying perfect balance – is known for her defense of the sick, and surprise drops of updated textbooks for Washington’s youth. The other – with impeccable hygiene (mold free!) and tree green eyes – employs 30,000 of the state’s finest workers to keep school children warm in the winter and cool in the summer.
The former, known only as I-1098, as well as her companion R-52, have taken the future of Washington State into their own hands. The work is exhausting (or might we say taxing?), but these villainous times call for brave folks. They call for Los Dos Valientes. On Halloween, the Bus, you, and you’re best friends will answer this call. Get on the winning team.
The Bus knows another hero – one that wears no mask. Senator Claudia Kauffman has been championing education and environmental goodness since before it was cool. The Bus knows this, and we want to share the good news. That means: (you guessed it) DANCE PARTY BUS TRIP (also dance party)! Saturday October 16th will be the day, a bus full of great folks helping out Claudia will be the thing. Be a hero yourself and RSVP.
Keep your eyes peeled for news of our new ballot-based champions in the weeks to come, and arriving in your mailboxes October 18th. I-1098 and R-52 = Los Dos Valientes, the people’s champions.