LETTER TO THE EDITOR | Vote 'No' on Initiative 1098 Kitsap Sun
And here are a few of the comments:
"ok i read the voters pamphlet, it states that incomes over 200,000 will be taxed 5.0% of the excess over 200,000 to me that means, you make 350,000 you get taxed 5.0% on 150,000 which is 7,500. Big deal... i'm voting yes, and im not buying the rich propaganda of eventually it will trickle down. if it does, who cares? taxation is how we run our country, you have to pay to play."
"Bruce currently lives in a State without an income tax, thus a State which has a high growth product rate. But wait, there are States such as Texas that face a huge budget deficit next term. But wait, Texas has a rate of property tax that is greater than this State. And oil revenue, and, and. But its budget is in the toilet. How does that happen?
Bruce does not realize the power of the majority. If the majority approves I-1098, the majority will benefit. If it is not approved, a minority will continue to enjoy a benefit. Evidence shows that the minority benefit is at the expense of the average citizen in this State. That is to say that the average citizen spends a greater proportion of income on taxes than does the citizen earning at least 200K.
And it must be plain that the citizen who earns at least $200K will, when I-1098 is effective, receive a benefit against Federal taxes; against State real estate taxes; an appreciable benefit for schools and certain citizens with health issues. Only a true believer can deny the value of I-1098.
It is also plain that statistics covering the last "decade" may have mis-represented the "now" that most States must deal with."