jillio
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Washington State has no state income tax. They are currently in significant debt and do not have the income to bring the state out of debt. The infrastructure is suffering.
On the latest election, they proposed instituting an income tax that would not kick in until a single had made $200,000 or a married couple had made $400,000. That means, if a couple were making $500,000, they would have made income tax only on the money above $400,000, or on $100,000. The amount, at the proposed percentage of 5%, would have been $5,000. Only $5000 on a $500,000 income. The number of people affected in the state would have been an approximate 2%. So, 98% of the people voted out a tax that would not have affected them at all, but would have brought the state out of debt and allowed needed repairs to the infrastructure.
Someone, please explain to me the rationale that made people vote down such a reasonable and fair solution.
On the latest election, they proposed instituting an income tax that would not kick in until a single had made $200,000 or a married couple had made $400,000. That means, if a couple were making $500,000, they would have made income tax only on the money above $400,000, or on $100,000. The amount, at the proposed percentage of 5%, would have been $5,000. Only $5000 on a $500,000 income. The number of people affected in the state would have been an approximate 2%. So, 98% of the people voted out a tax that would not have affected them at all, but would have brought the state out of debt and allowed needed repairs to the infrastructure.
Someone, please explain to me the rationale that made people vote down such a reasonable and fair solution.