Bold Colors Blog

Stickin’ it to the libs, one day at a time

Posts Tagged ‘Fiscal impact’

Democrat Rosa Franklin has introduced a state income tax bill…what’s different about this year?

Posted by Liberty on February 14, 2009

Washington state income tax could raise $6.67 billion in 2012

“Is the income tax proposal for real this year? Every year, state Sen. Rosa Franklin, D-Tacoma, introduces a bill calling for a state income tax. Hers often is the only name listed as a sponsor. Such is the case this year. She dropped the bill Jan. 13.

The real interesting thing is that a fiscal note was completed on Feb. 11 and it is really elaborate! I mean, state agency and legislative committee staff put one heckuva lot of work into something that in years past has been a non-starter of a bill.

Has something changed? Is this what Democratic majorities in the House and Senate really have been waiting for? (Next week, we also get word from Congress on how much money Washington will get in bailout money, and how bad the financial situation is. Is it a $7.5 billion shortfall?)

Here is a link to the full text of Senate Bill 5104. But just even more interesting are the numbers in the fiscal note.

One thing that’s worth noting.  On a lot of the bills that have been introduced, the fiscal impact information is not complete–especially the spending bills.  Isn’t it interesting that they have completed the fiscal impact statement on this bill–a REVENUE bill? 

Call your legislator at 1-800-562-6000! 

Tell them NO MORE TAXES!

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Posted in Arrogant politicians, Innate hypocrisy, Just plain dishonest, Liberalism, Redistribution of wealth, Socialist economics, Stupid legislation, Taxes, Washington State | Tagged: , , , , , , | 1 Comment »