The Washington Senate Democrats have proposed raising the state sales tax by 0.3%.
This is advertised as a "temporary" tax increase until 2013. Raise your hand if you believe that they won't later come back to "renew the existing sales tax".
House Democrats are supposed to roll out their tax package later today. Some House Democrats earlier introduced the "economic crisis revenue bill" to "temporarily" raise the sales tax by 1%, which would completely expire when "the unemployment rate decreases to five percent for four continuous months". But a glance at the state's unemployment rate going back to 1976 shows that such an event has hardly ever happened.
Posted by Stefan Sharkansky at February 23, 2010 11:56 AM | Email ThisYou are of the belief that I do not pay enough taxes. Please tell me what the correct percentage is.
Thanks.
http://comics.feedtacoma.com/img/comics/posts/med/tacomic-broke-ass-washington-state-set-give-microsoft.jpg
Enjoy!
Posted by: Erik B. on February 23, 2010 01:08 PMWe have symphony musicians on the state payroll?
Jeez, I hope I read that wrong.
Posted by: James on February 23, 2010 01:11 PMhttp://microsofttaxdodge.com/2010/02/washington-state-about-to-give-microsoft-a-100-million-tax-cut-annually.html
You can afford to pay more taxes, but its hard for them.
Posted by: meanie on February 23, 2010 01:20 PMtell me lies, tell me sweet little lies.
Posted by: travis t on February 23, 2010 03:08 PMI take it you didn't read your own link:
Royalty income is not apportioned in this state. Rather, royalties are allocated to the domicile of the taxpayer. Businesses that are domiciled outside of Washington, but authorize the use of their intangible property in Washington, do not pay any B&O taxes in Washington on royalties received from the use of their intangible property in this state. This has led some Washington-domiciled taxpayers to transfer their intangible assets to wholly-owned subsidiaries whose sole place of business is outside of Washington. Sometimes these subsidiaries are domiciled in states, such as Nevada, that do not tax income from the use of intangibles.
Wow, imagine that - a company relocated a portion of itself to a low tax/no tax jurisdiction in a completely legal way! Who would have thought that businesses would react to taxation...
No, the solution for the State is to grow State employment rolls, add State musicians, and then crank up the taxes ever-more on individuals and businesses.
Posted by: Shanghai Dan on February 23, 2010 03:27 PM
My home property tax assessment dropped 21% when it arrive several months ago. I thought, well at least my property taxes will take a hit. Then my King County property tax statement arrived with a whopping 6% reduction. How did a 21% drop in home value result in just a 6% reduction in tax? Simple. Levy rates across the board increased an average of 18%.
If you don't feel that parasite slowly sucking the life out of you you're not paying attention.
And now with my home value way down, a new baseline is there for future increases to raise my property taxes well beyond what I paid last year before this pitiful reduction.
I'm furious with government, Democrats in particular. Who out there isn't? If you're not, you're not paying attention.
Posted by: Reality on February 23, 2010 04:07 PMMore like "soak everyone"
Posted by: David on February 23, 2010 04:29 PMThanks.
Posted by: Gary on February 23, 2010 04:48 PMI still want Crusader to tell me what the tax percentages are supposed to be. I'll start with an easy one. What is the perfect sales tax?
Posted by: Gary on February 24, 2010 07:42 AMSales tax should be abolished and replaced with a VAT, and an income tax.
Posted by: Proteus on February 26, 2010 10:47 PM