Why no thinking, caring person should subscribe to the Seattle Times

Today’s Seattle Times reports: The Seattle Times editorial board supports Initiative 1053, the two-thirds rule for raising state taxes, and disagrees with Judge Bruce Heller’s ruling against it:

State Supreme Court should support I-1053, the two-thirds tax rule

This is why no thinking, caring person should subscribe to the Seattle Times (or patronize businesses that advertise in it).

Not only does I-1053 make it almost impossible to raise taxes; it also makes it nearly impossible to eliminate the billions of dollars in tax exemptions that favor the 1%– something most voters were unaware of when they voted in 2010.    The overall effect of I-1053 is to perpetuate one of the most regressive tax systems in the nation.

The Seattle Times also opposed I-1098, the state income tax on higher earners, in 2010.

Source: David Spring

The Economics Opportunity Institute proposes a concrete set of revenue measures: $1 Billion in Progressive Annual Revenue: Take Back the Giveaways. The measures involve mostly elimination of tax exemptions on corporations — and they’re not targeted specifically at too-big-to-fight powerhouses like Microsoft and Boeing.

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Six Rigged Rules Corporations Use to Dodge Taxes

America’s corporate tax obscenity

10 Epic Failures of the Bush Tax Cuts

26 Major Corporations Paid No Corporate Income Tax For The Last Four Years, Despite Making Billions In Profits

9 Things The Rich Don’t Want You To Know About Taxes

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