[orionsbelt]

It’s a beachhead that will expand. The history of income taxes shows that. Once you have established an income tax, the next fight will be to raise it, or lower the income limit, and over years, it will end up covering everyone. The government is incentivized to over spend and then try to dig their way out be expanding taxes, but there is a limit to what you can tax.

You want people to vote for a millionaire tax tie it with a constitutional amendment that requires a higher vote bar to ever increase it and have all numbers automatically inflation adjusted

[kimbernator]

If that means curbing the comparatively high consumption taxes in WA, then it's for the best. The lowest income brackets pay an outrageous percentage of their income to taxes compared to the upper brackets because of them.

[pc86]

What about this law makes you think any of the revenue is going to be used to curb consumption taxes? Because that's not what any of this money is being earmarked for. Most of it is basically a government slush fund.

[JumpCrisscross]

> If that means curbing the comparatively high consumption taxes

“Most of the roughly $4 billion a year the tax would bring it would be devoted to the state’s general-fund budget to pay for government agencies and services. A 5% chunk would be earmarked for early education and child care.

Democrats also say they’d use some of the money to fund free school lunch and breakfast for all kids in K-12 schools, though Republicans pointed out that money is not legally earmarked in the income tax bill.

ADVERTISING Skip Ad Skip Ad Skip Ad The bill would also exempt more businesses from paying the state’s business and occupation tax. It also would eliminate the sales tax on purchases of diapers, and personal hygiene products such as toothpaste, antiperspirants and shampoo.

It also would expand the state’s Working Families Tax Credit, which sends annual rebates of up to $1,300 a year to lower-income working families. Ferguson had pushed for the expansion of the program and said the revised bill would make 460,000 households eligible for the payments.”

TL; DR It’s not materially curbing the sales tax.

[jandrewrogers]

There are no plans to reduce consumption taxes in any meaningful way. This is one of the reasons so many Democrats are against it.

This new tax regime makes no attempt to improve the tax structure or reduce taxes for anyone.