Want to know what is really going on here? The corporate executives at some big businesses don't want to pay the tax. Its as simple as that.
The CEOs of these companies don't speak for small businesses. The truth is that I-1098 will eliminate business taxes for 118,000 small businesses in Washington State and cut taxes for an additional 39,000.
I am not surprised by this announcement but it is ironic that many of the CEOs who are opposing I-1098 have said time and time again that funding a world class education system is critical to our state's economy and our ability to compete globally.
Take a stand against these wealthy CEOs by contributing what you can. Please help reach the $100,000 goal for online fundraising by making a contribution today:
In the last 24 hours we have raised more than $5,000 for a total of $85,024 online. We need your help to reach the goal of $100,000 by the end of the week. Please contribute $1098, $109.80, $10.98 or whatever you can afford:
Investment bankers, venture capitalists, CEOs and many other wealthy individuals oppose I-1098 because they don't want to support education and healthcare with a modest income tax. They reject I-1098's property and small business tax relief as "trivial" and are spending millions to keep Washington's unfair tax system unchanged.
Your contribution will make sure that we can keep telling the truth to the voters of Washington. You can help make sure the wealthiest 1.2% of Washingtonians pay their fair share so we can educate our kids and provide healthcare for those most in need.