The right wing think tank Washington Policy Center is proposing an amendment to the Washington State Constitution to make a permanent 2/3 super-majority requirement on raising revenue. See Citizens’ Guide to Initiative 1185: To Affirm the Two-thirds Vote Requirement for Tax Increases. Duch an amendment will be needed if the State Supreme Court rules I-1153 (the predecessor of I-1185) to be unconstitutional.
Tax Evaders is a national project involving artists, game designers, researchers, protest groups, grassroots organizations and concerned citizens. We’d like thank our allies: Citizen Engagement Lab, The Other 98%, US Uncut The Yes Lab, The Overpass Light Brigades, Americans for Tax Fairness, Public Research Interest Group, and Occupy Wall St. Comments comments
See this concise exposé of private-equity funds in the New Yorker: Private Inequity. As a result, private-equity firms are increasingly able to profit even if the companies they run go under—an outcome made much likelier by all the extra borrowing—and many companies have been getting picked clean. … The real reason that we should be […]
Months ago, I stated that, because our State Budget is based on an assumption that State revenue would grow by 14% during the next two years, our State Budget is a House of Cards. I noted that because our economy is not growing, State revenue is not likely to grow at all. See realwashingtonstatebudget.info. […]