Exemptions to Ax - Sins to Tax: Revenues to Rebuild Our Economic Future
Publication Date: January 2010
Publisher(s): Economic Opportunity Institute
Author(s): Marilyn Watkins
Keywords: taxes; balance budget
Type: Fact sheet
These fact sheets summarize a budget solution that closes Washington's $2.8 billion shortfall this year -- and provides long-term budget stability in future years. By closing tax exemptions that no longer serve a compelling public purpose and carefully choosing new sources of revenue, lawmakers can stabilize funding for quality schools, affordable health care, a safety net for the most vulnerable, affordable housing, public safety, and a clean environment. This responsible approach will help balance the state budget without eroding the high quality of life that makes our state a great place to live, work, raise a family and do business.