Act Now To Ensure Washington Millionaires and Billionaires Pay WHAT THEY OWE
While the capital gains tax is an important first step, we’ve got a long way to go to ensure that mega-millionaires and billionaires pay what they owe our state! Take action with Invest In Washington Now to ensure our state has funding to support thriving communities. When the wealthy pay their share – just like the rest of us – everyone wins.
A new initiative on November’s ballot, I-2109, will roll back progress and move Washington back to the worst in the nation. It would repeal the capital gains tax, cutting billions from childcare and education just to give the ultra-rich a tax cut. Be an early endorser and help us defeat I-2109!
Right now, the super-rich are trying to rig the system in their favor, giving themselves a huge tax cut by taking millions from education and crucial state programs. We can’t let that happen. Join our rapid response team to speak up in support for a fair tax code in Washington!
When you write a letter to the editor, lawmakers pay attention. Take a moment to share your support for the fair and just tax code that Washington needs. We’ve made it super easy – all you have to do is follow our quick tips and add your name!
STOP THE MEGA-MILLIONAIRE TAX BREAK – ENDORSE NO ON I-2109 CAMPAIGN
Be an early endorser and help us defeat I-2109 on this November’s ballot!
A new initiative on November’s ballot, I-2109, will roll back progress we’ve taken toward a more fair tax code. It would repeal the capital gains tax, cutting billions from childcare and education just to give the ultra-rich a tax cut.
If passed, Initiative 2109 will:
- cut more than $5 billion over 6 years from our education, childcare, and early learning by giving a tax break to about 4,000 of Washington’s mega-millionaires and billionaires.
- repeal a modest 7% capital gains tax on Wall Street profits exceeding $250,000 that only applies to the very wealthiest Washingtonians. All real estate, farms, and retirement accounts are already exempted.
- takes resources from much needed childcare and our drained schools from Walla Walla to Port Angeles, reducing the workforce and impacting Washington’s small businesses and economy.
- put more pressure on the rest of us to make up the difference through property and sales taxes.
Your voice makes a huge difference. Add your name now!
ADD YOUR NAME NOW!
WE’RE BUILDING A WASHINGTON THAT WORKS FOR ALL OF US
Working side by side with educators and advocates across the state, we helped to pass the capital gains tax on the ultra wealthy. Thanks to your petitions, letter-writing campaigns, legislative actions, and letters to the editors, legislators in Olympia heard us. Actions like these make a huge difference for Washington’s communities!
The revenue from capital gains will bring in more than $500 million every year — that means more kids across Washington will have access to quality early learning, more parents will be able to afford childcare and return to work, and more childcare centers and schools will be built, creating countless jobs in the process.
We’re proud of the capital gains tax. And we also know our work isn’t done. Poll after poll shows Washington voters support making millionaires and billionaires in our state pay what they owe in taxes to fund our schools, roads, housing, and critical services. We won’t stop fighting until we have a fair and just tax code and a Washington where our communities can thrive.
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MORE ABOUT INVEST IN WASHINGTON NOW
Invest Washington Now is a movement of activists, educators, working families, and everyday Washingtonians advocating for a fair and just tax code. Our work has been made powerful by the people who have shown up, day after day, to work for a fair tax system.
Looking to dig in more? Learn more about us here, or check out what’s in the news. We also have resources that you can dig into. Have a question? You can always send us a message. Thanks for joining the fight for a fair and just tax code!
