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WHAT: Sign NOW to send a letter to your lawmakers in the WA House of Representatives. Ask them to vote yes on HB 1406, a bill to put a 1% tax on wealth greater than $1,000,000,000.
THE PROBLEM: Over the last nine months of the coronavirus pandemic, the stock market has reached a record high, and the cumulative wealth of the nation’s billionaires has increased by $1,000,000,000,000.
At the same time, small businesses are struggling to keep their doors open and families across this state are struggling to keep a roof over their head and food on the table.
The recession is landing hardest in low income communities – white, Black, and brown – that already pay the highest tax rates in the state. Washington is the worst in the nation when it comes to making the ultra-rich pay their share.
HB 1406 would:
HB 1406 would NOT apply to stocks, bonds or other intangible wealth worth less than $1 billion.
Sign your note to your legislators NOW and add your personal thoughts!