Washington property tax initiative likely to move to ballot

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July 5, 2009

OLYMPIA, Washington: Last week, property tax initiative, also known as Initiative 1033, supporters submitted 314,000 petition signatures in order to qualify an initiative that calls for lower property taxes. Specifically, the initiative, if approved by voters, would tie revenue increases to the rate of inflation plus population growth and any revenue that exceeds the cap would be used to lower property taxes in the following year. According to state law, proponents of the measure needed 241,000 valid voter signatures to qualify the initiative for the November ballot.[1] Opponents argue that the measure would be too restrictive on government, would make recovery difficult after a recession and that population growth is too simplistic as a measure. However, Tim Eyman, a political activist, said that the initiative still allows for a "rainy day fund" and added, “If you need more, make your case to voters.”[2]

See also

Ballotpedia News
* Washington 2009 ballot measures

References