Initiative 1098: The Right Fix for Washington's Flawed Tax Structure

Publication Date: August 2010

Publisher: Economic Opportunity Institute

Author(s): Marilyn Watkins

Research Area: Banking and finance; Government

Keywords: prpoerty tax; small business

Type: Report


Initiative 1098 would reduce taxes for the majority of Washingtonians by lowering property taxes and exempting small businesses from the business and occupation tax. And it would raise new revenue dedicated to education and health services by adding an income tax on the wealthiest 3% of households.