Olympia, WA: As soon as this weekend, Washington voters could see signature gatherers for I-1929, a ballot measure to repeal the state’s capital gains tax on massive stock market profits. Today a Thurston County court finalized I-1929 ballot title language, and opponents are ready to respond to the millionaire-backed Repeal the Capital Gains Tax Committee’s signature gatherers.
“Signature gatherers won’t tell you I-1929 is a tax cut for the super rich, taking $500 million from education and childcare, and making the rest of us pay. The public has a right to know I-1929 is a massive give away to a tiny number of Washington’s super rich, paid for by the rest of us.”
–Treasure Mackley, Executive Director of Invest In WA Now
Invest in Washington Now is asking the public to call or text (509) 495-1222 to report signature gatherers for I-1929, or go to InvestWANow.org to file an online report.
“We want to know what I-1929 signature gatherers are saying and where they are collecting signatures so we can respond quickly with the facts,” said Mackley.
To give this tax cut to the super-rich, I-1929 would take an estimated $500 million a year from the Education Legacy Trust Account, which funds:
- safety and other repairs to Washington’s aging schools,
- creating more preschools and child cares so parents can get back to work, and
- providing much needed assistance and equipment for students with disabilities.
Invest in WA Now is a movement of educators, working families, and everyday Washingtonians from across the state advocating for progressive revenue solutions. Together, we can build a Washington that works for all of us.