voteno1033.com:Initiative 1033 means death for Main StreetHowie P.S.: The quote in this post's title comes from Geov Parrish.We're all looking for a way forward out of these difficult economic times. Unfortunately, there's a measure on our ballots this November which would trap us and all of Washington State in a permanent recession: Initiative 1033, the latest ill-conceived free lunch scheme from Tim Eyman.
Initiative 1033 takes direct aim at our quality of life by freezing all public services at their current reduced levels, which would mean job losses in every city and every county across our great state.
At a time when we can barely afford to keep our first responders out on the streets and teachers in the classroom, Tim Eyman is proposing a massive freeze on services that would rob billions of dollars from our public treasury over the next five years. Public services would be eviscerated and small businesses dealt a horrible, perhaps catastrophic blow. The sad truth is that Initiative 1033 is a recipe for death on Main Street.
There's only one way to protect our communities from the harm that Initiative 1033 would cause: Vote NO.
1 comment:
I-1033 does not give refunds to taxpayers. It is much more complicated than that and it actually shifts tax burden onto lower income folks to benefit just those that own property.
Under I-1033, sales taxes and other fees will still be the same as before. Last year sales taxes accounted for 57% of state revenue. Everyone pays sales taxes but not everyone has property.
Those who lose under I-1033 are renters; those who gain are wealthy property owners. You see the rebate Eyman proposes is not based on what you pay in sales taxes and fees but on what you own. The more property you own, the more you benefit.
Senior citizens on fixed income and working families who don't own homes lose twice; they pay the same taxes but get no rebate or see new or restored public services.
The US Census Bureau says some 35% of households in Washington State are not owner occupied but rented or leased. If you want to reduce taxes do it fairly, like just cut sales taxes or property taxes.
But to shift the burden of paying property taxes onto people who don't own property is ridiculous and unfair. This is a poorly thought out proposal. Read the initiative yourself before voting. It's not as simple or straight forward as Eyman wants you to believe.
http://www.secstate.wa.gov/elections/initiatives/text/i1033.pdf
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