Take the money from King County millionaires and run

SEATTLETIMES

NEGATIVE
But in what’s becoming a yearly futility-fest for many schools around the state, especially in Eastern and Central Washington, it won 59.65% of the vote.
You can just take the money from King County and run.
The state also reported the following astonishing figure: 84% of all the capital gains tax money was raised from a single county: King.
It suggests the capital gains tax is a huge money transfer from blue Seattle and King County out to red Eastern Washington, and other mostly rural areas.
Meanwhile taxpayers where it’s located, Douglas County, contributed less than $100,000 to the capital gains schools fund, according to the state.
A Republican-backed initiative to repeal the capital gains tax has qualified for the fall ballot.
So the plan “does not assume capital gains revenues beyond 2024.”Why would voters do this to themselves?
It’s a tax almost entirely on the richest people in one place: King County.
Why not hit King County’s millionaires to help defray the costs of your school buildings, Eastern Washington?
Don’t be surprised, though, if the red counties vote to repeal this tax on King County’s millionaires.

Take it or not, our democracy is renowned for being a winner-take-all contest. Getting close is insufficient.

In addition, you do not receive extra credit if the rules are in your favor. Worse-faith doubters could win you nothing but a humiliating booby prize.

The schools in the “Eastmont School District,” which is located in Central Washington not far from Wenatchee, are the ones experiencing all of this immediately.

Like many others, the 6,000-student district is attempting to renovate its buildings, some of which date back more than 60 years. Over thirty years have passed since the establishment of some of its mobile classrooms. What, therefore, qualifies them as “permanentables”?

Thus, the district proposed a construction bond to the local taxpayers last month. However, it received 59 points and 65 percent of the vote in what is turning into an annual futility fest for many schools in the state, particularly in Eastern and Central Washington.

That 19-point margin—more than any candidate for governor has won by in almost 40 years—was, in fact, a loss because of state regulations stating bonds need 60 percent of the vote to pass.

Promoting.

Of almost 8,000 votes cast, the district received 34 fewer votes than needed.

Eleven of the fourteen school districts in the state that had their plans for school reconstruction destroyed suffered a similar fate. Although they did not receive a supermajority, they did receive more votes than a majority of taxpayers.

Ultimately, more than half of the votes were cast for 18 out of 21 proposed school bond measures. However, only seven made it through.

The right-wing think tank Washington Policy Center leaped on this. It was anti-tax. The votes were described as “the latest indication of public confidence in the education system eroding.”. “.

The center concluded that the fact that so many school bonds have failed is a sign that voters are becoming disenchanted with the public education system and are unwilling to continue paying high taxes for it.

See how that works? Nothing indicates that voters have lost faith in public education, not even by a margin of 59 percent, or 57 percent, or 55 percent, as some other districts collected. In any other election, these would be overwhelming numbers. What they really show is that our state has anti-democratic laws in place, which are then twisted to support the notion that the educational system is flawed.

Like the filibuster in the U.S. S. The Senate. The filibuster can be used as evidence of the dysfunction of the government when nothing else works, or it can be used to obstruct all progress. Just as the proponents of the filibuster had claimed all along!

Promoting.

Putting aside this manufactured demonization, the truth is that school districts in the state’s more rural areas are finding it difficult to grow. They have more tax-averse voters and smaller tax bases than urban areas. When coupled with the 60 percent rule, it creates a triple whammy that may force children to attend classes in buildings with collapsing ceilings or 30-year-old portables. (See my piece from the previous year, “What’s The Matter with Wahkiakum?”), which addresses this dilemma.

But there is, at least in part, a solution to all of this. You guys in the hinterlands can just leave with the money King County has given you.

It’s true that $396 million in school construction projects were funded by the state’s new capital gains tax on windfall profits from stocks and other assets last year, according to a January report from the Department of Revenue in the state. In the recently concluded legislative session, funding was granted for numerous school projects located in remote areas beyond the city center.

The startling statistic that the state also released was that King County accounted for 84% of the total revenue collected from capital gains taxes. Merely 3 percent was contributed collectively by the 20 counties located east of the mountains.

It implies that a significant amount of money is being transferred from red Eastern Washington and other primarily rural areas to blue Seattle and King County through the capital gains tax. The program may be the most blue-to-red one the state has ever implemented.

For example, the bond proposal that the Eastmont School District is resubmitting to the local ballot in April is expected to receive a $5 million sweetener from this year’s state school construction pot. In the meantime, Douglas County taxpayers contributed less than $100,000 to the capital gains schools fund, as reported by the state.

promoting.

For the time being, this is useful for schools everywhere. An effort to eliminate the capital gains tax, supported by Republicans, has been approved for the fall ballot. The Legislature pointed out that the school-construction plan would lose a significant source of funding if the tax were to decrease. Consequently, the plan “does not assume capital gains revenues after 2024.”. “.

It’s a tax largely on the wealthiest individuals in one location: King County, so why would voters do this to themselves? The money to replace those old portables has to come from somewhere, so why not take aim at King County’s millionaires to help offset the cost of your school buildings, Eastern Washington?

Though it wouldn’t surprise you if the red counties decide to remove this tax on millionaires in King County. Since we are so divisive.

Furthermore, I venture that those leading the charge will be the dishonest actors—the same people who are using all of this to disparage public education.

scroll to top