Our Campaigns - WA Initiative 1098 - Creates State Income Tax Race

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WA Initiative 1098 - Creates State Income Tax

RACE DETAILS

Parents

> United States > Washington > Initiatives to the People > 2010 Initiatives > Initiative 1098 - State Income Tax

Office

Initiative

Honorific

- Abbr:

Type

Referendum

Filing Deadline

January 01, 2010 - 12:00pm Central

Polls Open

November 02, 2010 - 09:00am Central

Polls Close

November 02, 2010 - 10:00pm Central

Term Start

January 01, 2011 - 12:00pm

Term End

December 31, 9999 - 12:00pm

Contributor

Ralphie

Last Modified

Ashley August 21, 2012 01:20am

Data Sources

[Link]

Description

Ballot Title
Statement of Subject: Initiative Measure No. 1098 concerns establishing a state income tax and reducing other taxes.

Concise Description: This measure would tax “adjusted gross income” above $200,000 (individuals) and $400,000 (joint-filers), reduce state property tax levies, reduce certain business and occupation taxes, and direct any increased revenues to education and health.

Should this measure be enacted into law? Yes [ ] No [ ]

Ballot Measure Summary
This measure would establish a tax on “adjusted gross income” (as determined under the federal internal revenue code) above $200,000 for individuals and $400,000 for married couples or domestic partners filing jointly; reduce the limit on statewide property taxes by 20%; and increase the business and occupation tax credit to $4,800. The tax revenues would replace revenues lost from the reduced levy and increased credit; remaining revenues would be directed to education and health services.

Complete Text: [Link]

PRIMARY/OTHER SCHEDULE