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#621287 - 09/13/10 02:03 PM I-1098 Tax the rich
fishhog Offline
Spawner

Registered: 10/18/04
Posts: 502
Loc: Whatcom
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#621302 - 09/13/10 03:08 PM Re: I-1098 Tax the rich [Re: ]
Jerry Garcia Offline



Registered: 10/13/00
Posts: 9013
Loc: everett
All additional taxes do is allow government to grow bigger.
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Growing old ain't for wimps
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#621333 - 09/13/10 05:47 PM Re: I-1098 Tax the rich [Re: Jerry Garcia]
Irie Offline
River Nutrients

Registered: 11/26/06
Posts: 4317
Loc: South Sound
I'd be OK with it but it sets the line at $200K. They should move it a bit higher like ($500K) and set some sort of adjustments for future inflation.

http://www.thestranger.com/seattle/tax-the-filthy-rich/Content?oid=4837455

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#621338 - 09/13/10 06:00 PM Re: I-1098 Tax the rich [Re: Irie]
fishhog Offline
Spawner

Registered: 10/18/04
Posts: 502
Loc: Whatcom
It boils down to the "Have's from the Have not's" of the world.
If you happen to be in the "haves" catagory making $200K + you'd call BS on the income tax. The "Have nots's" are thinking, "SWEET, not going to affect me, so hell yeah I'll vote for it. And truthfully, I wouldn't like it, but couldn't blame them.
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#621344 - 09/13/10 06:21 PM Re: I-1098 Tax the rich [Re: fishhog]
StinkingWaters Offline
Repeat Spawner

Registered: 12/12/09
Posts: 1025
Loc: Termite Country
Originally Posted By: from article
The net revenue from the tax -- the state estimates it would produce $1.6 billion the first year and more than $11 billion over five years -- would be put in a dedicated trust fund for education and health programs, such as the basic health program for the working poor or vaccinations for children.



Sort of like the Social Security trust fund right? rofl

Oh wait.

Quote:
Nor might the trust fund be a lock box. Legislators could tap it to fund programs outside of education and health care.

The Washington Research Council says legislators have diverted billions of dollars to the general fund from other accounts.



The truth rears it's ugly head.

This state doesn't have a revenue problem, it has a spending problem.
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On a long enough timeline the survival rate for everyone drops to zero.

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#621345 - 09/13/10 06:27 PM Re: I-1098 Tax the rich [Re: StinkingWaters]
stlhead Offline
River Nutrients

Registered: 03/08/99
Posts: 6732
I don't want the state to get into the personal income tax business. Pretty soon we are all going to have to file state taxes to prove we aren't over the limit. Then they start lowering the limit.
_________________________
"You learn more from losing than you do from winning." Lou Pinella

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#621346 - 09/13/10 06:29 PM Re: I-1098 Tax the rich [Re: stlhead]
NOFISH Offline
River Nutrients

Registered: 03/15/00
Posts: 2952
Loc: Olalla, WA
agree
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Damn Stam!
Remember, Ask yourself "What would Stam do?" smile

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#621349 - 09/13/10 06:53 PM Re: I-1098 Tax the rich [Re: NOFISH]
Rivrguy Offline
River Nutrients

Registered: 03/03/09
Posts: 4497
Loc: Somewhere on the planet,I hope
Two things get my attention. One after three years ( or whatever ) the legislature can and you bet your ass will keep lowing the cap to we all get nailed.

Second what is not well know is businesses relocate and attract top caliber employees in critical areas of their businesses using THE LACK OF A PERSONAL INCOME TAX as a carrot. The impact on new businessers and discressionary located business will be large, in other words they will move slowly but surely. The BO bs Bill Sr is all over TV with is a load of crap also.

Bottom line is as former State Supreme Court Justice has said ain't no way the state constitution forbids unequal taxes and it was in the mid 1930's the court said so. Those pushing this thing are betting they can get the current court to reverse the past court. Where have I seen this before?
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#621389 - 09/13/10 09:40 PM Re: I-1098 Tax the rich [Re: Rivrguy]
eddie Offline
Carcass

Registered: 03/08/99
Posts: 2379
Loc: Valencia, Negros Oriental, Phi...
I am going to vote NO for the following reasons:

1. I am troubled by the constitutionality of this initiative. On the face of it, this is unconstitutional. One of my complaints against Eyman's initiatives is that he presents initiatives that are clearly unconstitutional with the justification that "we are sending a message" to the politicians. Unfortunately, I and every other taxpayer gets to pay for the message through the election process and the inevitable challenge. I see no difference here.

2. I am troubled by the fundamental unfairness of the initiative. How can the bulk of Washington voters vote to approve a tax on a small minority? Again using one of Eyman's initiatives as an example - he put an initiative forward that attempted to curb Sound Transit funding. Since Sound Transit was primarily funded by taxes from a 3 county area I found it unfair to have folks from Grant County determine how I spent my tax dollars.

With this initiative and a number of Eyman's initiatives we see abuse of the initiative and referendum process. Even though I believe that this state does need an income tax, I will not vote for this one. If you cannot remain consistent in your principles, you have nothing.
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#621406 - 09/13/10 10:24 PM Re: I-1098 Tax the rich [Re: eddie]
Irie Offline
River Nutrients

Registered: 11/26/06
Posts: 4317
Loc: South Sound
I think my final answer on this would be:

If you are going to get stuck with Income taxes, you shouldn't also have to pay Sales Tax, and vice versa. Otherwise it's just a double-dip ass-reaming.

The state needs to do away with the sales tax before they impose an income tax.

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#621412 - 09/13/10 10:41 PM Re: I-1098 Tax the rich [Re: Irie]
Salmo g. Offline
River Nutrients

Registered: 03/08/99
Posts: 13447
As over the top as Irie often is, I think he captures a key point on this issue. I also think it should be either or, not both the sales tax and an income tax. In deference to reality, we couldn't do away with the sales tax before imposing an income tax, cutting off the revenue stream. The move would have to be at the same time.

I share the concern that once established as an income tax on the upper crust, it would only be a matter of time (3 years) before the Legislature began tinkering with it, and imposing both taxes on us rather than dealing with state spending.

Sg

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#621464 - 09/14/10 01:34 AM Re: I-1098 Tax the rich [Re: ]
Idaho Mike Offline
Carcass

Registered: 01/01/03
Posts: 2190
Loc: Post Falls Idaho
What is needed is a Legislature and a Governor who are willing to show some leadership and courage to guide Washington through this economic crisis. So far (IMHO) that has not happened.

Trying to set fiscal policy through the initiative process is only going to make the problem worse (IMHO), but hey, that's what happens when elected leaders wont do the job they were sent there to do.
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#621507 - 09/14/10 12:31 PM Re: I-1098 Tax the rich [Re: ]
Rivrguy Offline
River Nutrients

Registered: 03/03/09
Posts: 4497
Loc: Somewhere on the planet,I hope
I ..................... ok but ....................... now I know how the state does math and plans. They watch old Ma & Pa K movies!
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Dazed and confused.............the fog is closing in

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#621647 - 09/15/10 11:16 AM Re: I-1098 Tax the rich [Re: ]
stlhead Offline
River Nutrients

Registered: 03/08/99
Posts: 6732
A flat payroll tax would mean people who live near our states borders cannot escape paying their share.
_________________________
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#621672 - 09/15/10 12:47 PM Re: I-1098 Tax the rich [Re: stlhead]
IrishRogue Offline
Poon it! Poon it! Poon it!

Registered: 08/08/06
Posts: 1714
Loc: Yarrow Point
FWIW --- It's polling well (end of Aug):
http://www.surveyusa.com/client/PollReport.aspx?g=094e5f06-2cfd-4d4f-93e7-986902ebc73b

You can see 41/33/26 (yes/no/uncertain)

Eyeman's initiative also polling well.

I'm voting NO on both.
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#621689 - 09/15/10 01:39 PM Re: I-1098 Tax the rich [Re: IrishRogue]
Dan S. Offline
It all boils down to this - I'm right, everyone else is wrong, and anyone who disputes this is clearly a dumbfuck.

Registered: 03/07/99
Posts: 16958
Loc: SE Olympia, WA
I think we should pass an initiative to end the intiative process.
_________________________
She was standin' alone over by the juke box, like she'd something to sell.
I said "baby, what's the goin' price?" She told me to go to hell.

Bon Scott - Shot Down in Flames

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#621703 - 09/15/10 02:22 PM Re: I-1098 Tax the rich [Re: ]
Irie Offline
River Nutrients

Registered: 11/26/06
Posts: 4317
Loc: South Sound
Originally Posted By: AuntyM
Originally Posted By: Chuck S.
Originally Posted By: Dan S.
I think we should pass an initiative to end the intiative process.


Me too ... then tim eyeman would finally STFU and get a REAL job. Probably working for Rossi. wink


There. Fixed it.


Winner. smile

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#621720 - 09/15/10 03:38 PM Re: I-1098 Tax the rich [Re: Irie]
Salmo g. Offline
River Nutrients

Registered: 03/08/99
Posts: 13447
I take this moment to disagree with Dan. I like it that WA has the initiative process, even though Eyeman abuses it. Kinda' like supporting the free speech of those I disagree with.

Sg

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#621737 - 09/15/10 05:06 PM Re: I-1098 Tax the rich [Re: Salmo g.]
Dan S. Offline
It all boils down to this - I'm right, everyone else is wrong, and anyone who disputes this is clearly a dumbfuck.

Registered: 03/07/99
Posts: 16958
Loc: SE Olympia, WA
The intiative process is a bastardization of the design of our representative Republic.

I hate initiatives.
_________________________
She was standin' alone over by the juke box, like she'd something to sell.
I said "baby, what's the goin' price?" She told me to go to hell.

Bon Scott - Shot Down in Flames

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#621750 - 09/15/10 06:55 PM Re: I-1098 Tax the rich [Re: Dan S.]
Rivrguy Offline
River Nutrients

Registered: 03/03/09
Posts: 4497
Loc: Somewhere on the planet,I hope
Initiatives came into being in this state because of a corrupt legislature and they are successful now for the same reason. At the federal level we are a Democratic Republic not a Democracy but the states within their own boundaries do not nor was it intended that they have that as a guiding principle.

Think of it this way. If the rules of disclosure applied to our elected officials that apply to used car salesmen, how many would stay out of jail. Not many!
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Dazed and confused.............the fog is closing in

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