The Columbian: Jayne: Possible constitutional amendment a taxing prospect
media mention“Lawmakers could seize the opportunity to elevate the discussion and tweak Washington’s tax system, which has been ranked by some as the most regressive in the nation. Because the state has no income tax and is heavily reliant upon sales tax, an inordinate percentage of the tax burden lands upon poor people, and the Institute on Taxation and Economic Policy has deduced: “Washington has the most unfair state and local tax system in the country.” That seems like an apple ripe for the picking, with the juiciest option being a capital-gains tax. But considering that the Legislature needed three extra sessions last year simply to agree on a budget, creative compromise regarding the tax system seems unlikely.”