Push is on to tax the super rich and legalize jaywalking

[Yo_Mama_Been_Loggin]

2023 Washington Legislature, Day 36 of 105

OLYMPIA, Feb. 13, 2023 — Happy Monday. We’ve got a holiday tomorrow and a legislative cut-off come Friday. That’s a recipe for a few broken hearts.

Valentines Day will begin with an early morning show of love for taxing the super wealthy. It will come in the form of an 8 a.m. hearing on House Bill 1473 in the House Finance Committee. There’s yet to be as much love given the companion Senate bill.

The proposal would treat stocks, bonds and other financial assets as property, and impose a 1% tax on that property. The first $250 million of assessed value would be exempt. Proceeds would be funneled into education, housing, disability services and tax credits for working families.

A lot of Democrats love this wealth tax. Forty-three in the House and 19 in the Senate signed on as sponsors. Republicans are not enamored with it at all. And this idea didn’t pass muster with the bipartisan Joint Tax Structure Work Group tasked with exploring ways to make the state’s tax system fairer for all.

https://www.heraldnet.com/news/push-is-on-to-tax-the-super-rich-and-legalize-jaywalking/

[TheRealNorth]

1. They going to legalize driving through red lights next?

The solution to cops targeting POC is not to get rid of the laws.

We might as well just get rid of the red lights. Let's add speed limits and school zones to the list as well.