“The Devil is Always in the Details” (Sept. 2, Kent Reporter) – an important sentiment to keep in mind as November approaches this election year. I am sure Ms. Gill’s intention was to look out for the well being of her community. Unfortunately, she failed to get her facts right about I-732. <\/p>\n<\/p>\n
The effective elimination of the business and occupation (B&O) tax for manufacturers will ensure that manufacturers do not leave the state, taking living-wage jobs and pollution with them. Instead, these jobs will remain here, in Washington state, while helping industry become cleaner and more efficient.<\/p>\n<\/p>\n
As a result, Washington state will create an estimated 5,000 to 40,000 new jobs by 2035, strengthening our local economy and preparing us to lead the world in environmental responsibility.<\/p>\n<\/p>\n
The concept is simple: tax pollution and use the revenue to reduce other taxes. Specifically a 1 percentage-point reduction in the state sales tax, funding the Working Families Rebate, and the effective elimination the B&O tax for manufacturers. Ms. Gill suggested that the elimination of the B&O tax was the sole purpose of I-732. In reality, less than 20 percent of the revenue goes toward eliminating the B&O tax.<\/p>\n<\/p>\n
As a University of Washington student and Washington native, issues concerning the environment and the health of our state economy are deeply important to me. If passed, I-732 will be the most ambitious piece of climate change legislation in the country, if not the world, as well as a substantial step toward reforming our regressive tax system.<\/p>\n<\/p>\n
Environmentalists, economists, business leaders, citizens and politicians from across the political spectrum have come together in support of I-732 because it is a pragmatic approach.<\/p>\n<\/p>\n
Voting yes on I-732 is a vote for substantive action on climate change, a vote for fixing our states regressive tax system, a vote for bipartisanism, common sense and progress.<\/p>\n<\/p>\n
Help us protect our beautiful state and ensure an equitable and prosperous world for future generations. Vote “Yes” on I-732.<\/p>\n<\/p>\n
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