Washington Property Tax Reduction Initiative (2008)

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The Property Tax Reduction Initiative, or Initiative 1030, was intended by its sponsors to qualify for the November 4, 2008 ballot in Washington, but did not ultimately qualify.

I-1030 would have limited property tax assessments for privately-owned real property to 30% less than its 2008 assessment.

The measure was a citizen-initiated state statute.

The official ballot measure summary was:

This measure would limit assessed value of privately-owned real property to not more than the property’s property tax in 2008, reduced by 30%; require taxing districts to reduce regular property tax levies as necessary to prevent the values exempted under this measure from resulting in a higher tax rate than would have occurred in the absence of the reduction in assessed values; and require the legislature to enact new laws to implement the measure’s intent.

Supporters

The League of Washington Taxpayers sponsored the measure. KVI radio personality Kirby Wilbur endorsed the measure.

The League argued that the state budget has increased from $18 billion in 1987-89 to a proposed $68 billion for 2007-09. "We don’t want to replace the tax revenue eliminated by this Initiative from some other source," their web site stated. "We want state spending reduced accordingly."[1]

Opponents

The Northwest Progressive Institute and its Permanent Defense project opposed the measure. According to the NPI Official Blog:

"Initiative 1030 could singlehandedly destroy Washington State's economy and quality of life were it to take effect. (And that's why NPI's Permanent Defense will do everything possible to stop this horrible idea dead in its tracks).
We're talking about massive layoffs of public servants, neighborhoods with more drunk drivers and sex predators at large, the shuttering of countless civic institutions, drastically higher insurance rates due to the loss of police and fire protection, cities disincorporating... the list goes on and on. Municipalities will collapse, creating a terrible fiscal mess.
What Wilbur, sponsor Wayne Cannon, and their cronies are proposing is nothing less than an all out assault on the common wealth."[2]

See also

External links

References