WA House Representatives:

Vote YES on HB 1406
Wealth Tax on Ultra-Rich

After you fill out the form, you can edit your note, and add your own personal thoughts.

What you should know...

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:

  • add a 1% tax on value of stocks, bonds, and similar assets greater than $1 billion
  • raise more than $2.5 billion every year for hospitals, struggling families, small businesses, education, and more
  • help kickstart our state’s economy

 

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!