By Washington Treasurer Duane Davidson
Today, we are at a point where Washington legislators need to reexamine their financial practices and consider the consequences of their actions that have led some to consider establishing a state income tax.
The historically unpopular notion of introducing an income tax is not exactly new to Washington, yet it has seen growing interest from income tax supporters in big city government and from certain state lawmakers who would pass income tax legislation if given the opportunity.
As Washington State Treasurer, four-term Benton County Treasurer, and licensed CPA for over 25 years, I have cultivated an automatic sense of duty to advocate for fiscal responsibility. When I see such disregard for taxpayers, my obligation is to stand up for what is right on their behalf.
Many of the legislature's self-induced financial woes have readily available remedies that do not involve raising taxes or adding an income tax, making it apparent to me that as a state we have some serious financial issues within our legislative practices we need to start addressing...
Taxing income would weaken Washington's thriving economy and reduce our capacity to compete for business. We need to agree on improving our habits and reigning in state debt before considering the addition of new taxes. An income tax is not in our best interest.