Spin Control

More words for the Nov. 6 ballot

OLYMPIA -- Voters get to weigh in on two more ballot measures in November, a pair of advisory votes on changes to tax law the Legislature approved this year.

One involves petroleum taxes, the other involves a tax break for large banks on mortgages.

They're advisory votes, so the Legislature isn't bound by them. They're required by Initiative 960.

They will add about 16 pages to the state Voter's Guide, which will be coming out in the fall.

To read the ballot language, go inside the blog.

Advisory Vote 1

The legislature eliminated, without a vote of the people, a business and occupation tax deduction for certain financial institutions' interest on residential loans, costing $148,000,000 in its first ten years, for government spending.  This tax increase should be:

 Repealed   [  ]

 Maintained  [  ]

 

Advisory Vote 2

The legislature extended, without a vote of the people, expiration of a tax on possession of petroleum products and reduced the tax rate, costing $24,000,000, in its first ten years, for government spending.  This tax increase should be:

 Repealed   [  ]

 Maintained  [  ]




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