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13 Jan 2021 9:53 AM | Douglass MacKenzie (Administrator)


From: Val Torrens 
Sent: Wednesday, January 13, 2021 9:25 AM

Subject: FW: Alert: SB 5096 hearing Thurs, send your email now! 
Importance: High

Please share so folks can make their views known. We have no official position as the 23rd at this point.

On another note, I saw Rep Kilmer twice on CSPAN today serving as proxy for those who can’t be at DC to cast their vote. So far, so good – the vote count hasn’t finished re supporting impeachment but a majority has approved HR 41 so that is good (221 for, 203 against) . It’s definitely been a real live education of our Constitution in action. Stay safe,

Val

I should have clarified – the vote was in support of House Resolution 41…

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From: Tucker Baespflug <info@investwanow.org
Sent: Wednesday, January 13, 2021 8:40 AM
To: Val Torrens <chair@kitsap23rd.com>
Subject: Alert: SB 5096 hearing Thurs, send your email now! 

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We've been talking a lot about making sure the wealthiest in WA pay their share, just like the rest of us. Now it's time to take action!

 

Send an email to key WA State Senate Ways & Means Committee members in time for the 4pm hearing on Thursday, Jan 14.

 

That’s when lawmakers will take testimony on SB 5096, Sen. June Robinson's bill taxing capital gains from big sales of stocks and bonds.

 

We've drafted an email for you, but you can always personalize it as you like.

 

BACKGROUND: 

 

THE PROBLEM: Washington is the worst in the nation when it comes to making millionaires and billionaires pay their share like the rest of us.

 

Almost every other state in the nation – including Idaho, Montana, and Oregon – taxes capital gains, and are better situated to help their states’ economies recover from this pandemic.

 

THE SOLUTION: SB 5096 would:

  • add a 9% tax on high-end capital gains – such as sales of stocks and bonds – only on profits greater than $25,000 (or $50,000 for couples filing jointly); and
  • raise more than $1 billion for community investment in the coming budget cycle and more than $2 billion in following budget cycles.

With additional revenue from SB 5096, we’ll be able to provide more help to Washington’s struggling small businesses, protect more families from eviction, improve health care and public health, and create more jobs to boost our state’s economy.

 

Sign your note to committee members NOW! 

 

Send Your Letter Now!

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