Be an early endorser of No On I-2109 to make sure we defeat I-2109 on this November’s ballot!
A new initiative on November’s ballot, I-2109, will roll back progress we’ve taken toward a more fair tax code and move Washington back to the worst in the nation. It would repeal the capital gains tax, cutting billions from childcare and education just to give the ultra-rich a tax cut.
If passed, Initiative 2109 will:
- cut more than $2.2 billion over 5 years from our education, childcare, and early learning by giving a tax break to about 4,000 of Washington’s mega-millionaires and billionaires.
- repeal a modest 7% capital gains tax on Wall Street profits exceeding $250,000 that only applies to the very wealthiest Washingtonians. All real estate, farms, and retirement accounts are already exempted.
- takes resources from much needed childcare and our drained schools from Walla Walla to Port Angeles, reducing the workforce and impacting Washington’s small businesses and economy.
- put more pressure on the rest of us to make up the difference through property and sales taxes.
This initiative is backed by a hedge fund millionaire who moved here a few years ago. Dubbed “Tim Eyman with a gigantic bank account,” conservative mega donor Brian Heywood spent $6 million on paid signature gatherers to qualify I-2109 and other initiatives to the ballot.
You can help defeat I-2109 by adding your early endorsement. By endorsing No On I-2109 you’ll get occasional insider updates and opportunities to take action.
