Washington Corporate Excise Tax to Replace School Levies, Initiative 314 (1975)

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The Washington Corporate Excise Tax to Replace School Levies Initiative, also known as Initiative 314, was on the November 4, 1975 ballot in Washington as an Initiative to the People, where it was defeated. The measure would have reduced or eliminated special school tax levies and replaced them with a 12% excise tax on corporations.[1]

Election results

Washington Initiative 314 (1975)
ResultVotesPercentage
Defeatedd No652,17866.82%
Yes 323,831 33.18%

Election results via: Washington Secretary of State

Text of measure

The language that appeared on the ballot:[1]

Shall corporations pay a 12% excise tax measured by income so that special school levies may be reduced or eliminated?[2]

Path to the ballot

Initiative 314 was filed on April 16, 1975 by Representative Charles Moon of Snohomish. 136,077 signatures were submitted to qualify it for the ballot. The measure was placed on the ballot as provided for by the state constitution.[3]

See also

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External links

References

  1. 1.0 1.1 Office of the Secretary of State, "1975 Voters Pamphlet", accessed August 23, 2013
  2. Note: This text is quoted verbatim from the original source. Any inconsistencies are attributed to the original source.
  3. Washington Secretary of State, "Initiatives to the People", accessed August 23, 2013