In just 16 days, ballots will be mailed across the state. If I-2109 passes, it will repeal the capital gains tax on the super-rich, slashing billions of dollars in childcare and education funding. I-2109 hands the super-rich a tax cut at the expense of the rest of us.
You can stop the mega-millionaire tax break. Sign our pledge to vote NO on I-2109 today!
If I-2109 passes, it will harm more than just child care and education. Here are 3 reasons we’re saying NO to I-2109:
- I-2109 will give a special tax break to about 4,000 of Washington’s mega-millionaires and billionaires – increasing tax pressure on the rest of us.
- Only a few, very wealthy, households pay Washington’s extraordinary profits tax. I-2109 will make our taxes even more unfair by shifting a bigger tax responsibility to low and middle income families, with the biggest impact on Black, brown, indigenous and other communities of color.
- I-2109 will cut more than $2.2 billion in critical child care and education funding over the next 5 years.
- Washington is in a childcare crisis, without enough affordable and accessible childcare for working parents. I-2109 will make this crisis worse, impacting working parents, especially women, who cannot get back into the workforce without access to affordable childcare.
- I-2109 will eliminate more than 10,200 jobs across the state each year and drain Washington’s economy.
- Working parents will be forced to leave the workforce due to childcare struggles. Small businesses, restaurants, grocery stores, and other employers will be forced to spend more on employee turnover, and will face lost revenue due to decreased community spending and a smaller economy.
We can’t let I-2109 pass this fall. Washington needs the capital gains tax – so join me and thousands of Washingtonians in saying NO to I-2109. Sign our pledge today!
In solidarity,
Treasure Mackley
Executive Director
Invest in Washington Now
Invest in Washington Now, 509 Olive Way Ste 1133, Seattle, WA, 98101