Let’s Go Washington officials provide a rebuttal to opposition of the three remaining Washington initiatives
Let’s Go Washington
for Clark County Today
If you’re paying any attention to the initiatives in Washington state, you’ve probably seen the barrage of lies about the purportedly damaging effects of enacting the remaining three. From claiming that long-term care programs will be dissolved, to attesting that free bikes will be taken back from school kids, there’s one legislator who just can’t seem to get the details of the initiatives right. That legislator has inspired this month’s series of releases where Let’s Go Washington fact checks the many claims made against the initiatives and offers a clearer picture of how they will improve people’s lives.
Truth or Liias: The capital gains tax only impacts the ultra-wealthy.
LGW Factcheck: Lie
Mom and pop shops and entrepreneurs are some of the hardest hit by a capital gains tax. Small businesses can incentivize their employees with ownership of their companies, but the capital gains tax directly impacts their ability to provide those benefits. It also rules out the option for owners to sell their business and make a profit substantial enough to retire from after taking small profits in the course of running their business.
Truth or Liias: Repealing the capital gains income tax will take away funding for schools.
LGW Factcheck: Lie
Washington state’s constitution guarantees funding for all education programs first and foremost. Because the cap gains income tax was instituted within the last two years and kids in Washington state have had their educational experiences fully funded for every year before that, this argument is easily debunked.
Truth or Liias: Only the top 3% of earners benefit from 2109.
LGW Factcheck: Lie
The truth is that the capital gains income tax will become an income tax for all earners, at least, that’s what some key liberal legislators have said. The capital gains tax is nothing more than a gateway to income taxes for all people.
“The next time someone tries to tell you that supporting the capital gains income tax will cut education funding for students, ask them how it was funded before 2022. The reality is that mom and pop shops and entrepreneurs are the real losers in the wake of cap gains income taxes. What’s to keep the threshold for this gateway tax from dropping until it’s an income tax for all people? Certainly not money-grabbers in Olympia.” Hallie Balch, Let’s Go Washington press secretary.
Visit letsgowashington.com for more information.
Also read:
- Letter: The Charterist III — Concerning the powers of the Legislative Branch
John Jay continues his Charterist series, arguing that Clark County’s legislative branch is structurally weak and lacks the resources to balance the executive, calling for reform in the next charter review. - Opinion: ‘Today’s Democratic Party is not our father’s Democratic Party’Editor Ken Vance reflects on how today’s Democratic Party diverges from the values he associates with his father’s generation, citing issues like taxation, gender policies, and shifting ideology in Washington state politics.
- Opinion: ‘The Interstate Bridge project lacks billions in funding from both Oregon and Washington’Lars Larson criticizes Oregon’s funding decisions, highlighting the billions missing from both states for the Interstate Bridge replacement project and calling it a dead-end effort lacking Coast Guard approval.
- Opinion: When bad policy fails real peopleAmy Harris says Vancouver’s failure to address street safety led to a fire that shut down a beloved immigrant-owned restaurant.
- Opinion: Fantasy math – Why the CBO’s numbers don’t add up
Nancy Churchill argues the CBO’s deficit math ignores key growth effects and revenue streams, calling its models misleading and politically biased.
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