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Washington voters reject income tax on wealthy

Tue Nov 2, 2010 11:58 PM EDT
politics, us, washington, tax, income-tax
Curt Woodward, Associated Press
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OLYMPIA — Washington voters have rejected a state income tax on its top 1 percent of earners that supporters said would have raised billions for key education and health programs.

Initiative 1098 was defeated Tuesday by about 65 percent to 35 percent in unofficial returns. About 57 percent of the expected votes had been counted.

The $6.3 million campaign against the initiative was bankrolled by some of the most prominent names in Washington business, including Microsoft Corp. CEO Steve Ballmer and Amazon.com Inc. founder Jeff Bezos.

Washington is one of seven states without a personal income tax. Labor unions and other supporters said the state's tax system unfairly focuses on sales taxes, which consume a larger percentage of lower-income people's wealth.

© 2010 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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  • Regions: United States , Seattle/Tacoma
  • Public Discussion (1)
april-2044453

Cheers to all the posters who claimed in previous articles rich democrats were eager to pay their fair share of taxes. Like Jeff Bezos and Steve Ballmer? Hmmmm. Goes right along with fellow generous liberal, Buffet who once remarked he paid a lower rate of tax than his secretary, because he knew how to how to shift the tax burden.

  • 1 vote
Reply#1 - Wed Nov 3, 2010 12:55 AM EDT
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